Canadians Spend More on Taxes than on Necessities
But in return, they get ... ummm ... to wait for shitty healthcare
VANCOUVER, BC—Canadian families are spending more money on taxes than on food, clothing, and shelter combined, reveals a new report from the Fraser Institute, an independent, non-partisan Canadian think-tank.
The Canadian Consumer Tax Index calculates that in 2012, 42.7 per cent of an average family's income went towards taxes (including all types of taxes imposed by federal, provincial, and local governments) while 36.9 per cent was spent on food, clothing, and shelter combined.
"Taxes are far and away the largest and fastest-increasing expense in the average household budget," said Charles Lammam, Fraser Institute associate director and co-author of the Canadian Consumer Tax Index.
"In fact, the tax bill for the average family has grown a whopping 1,787 per cent since 1961."
Hide Comments (0)
Editor's Note: As of February 29, 2024, commenting privileges on reason.com posts are limited to Reason Plus subscribers. Past commenters are grandfathered in for a temporary period. Subscribe here to preserve your ability to comment. Your Reason Plus subscription also gives you an ad-free version of reason.com, along with full access to the digital edition and archives of Reason magazine. We request that comments be civil and on-topic. We do not moderate or assume any responsibility for comments, which are owned by the readers who post them. Comments do not represent the views of reason.com or Reason Foundation. We reserve the right to delete any comment and ban commenters for any reason at any time. Comments may only be edited within 5 minutes of posting. Report abuses.
Please
to post commentsMute this user?
Ban this user?
Un-ban this user?
Nuke this user?
Un-nuke this user?
Flag this comment?
Un-flag this comment?