The average Canadian family spent 43 per cent of their income on taxes in 2017, a new Fraser Institute study suggests.

While a family earned about $85,883 in annual income, they paid a total of $37,058 in municipal, provincial and federal taxes, according to the annual consumer report released Tuesday by the right-leaning think-tank.

ThatB次元官网网址檚 compared to $30,597 on other necessities like rent or mortgage payments, food and clothing.

B次元官网网址淢any Canadians will be surprised to learn that taxes B次元官网网址� and not lifeB次元官网网址檚 basic necessities, including housing B次元官网网址� are the biggest household expense,B次元官网网址� report co-author Charles Lammam said in a news release.

When the institute started tracking household tax spending in 1961, the average Canadian family spent about 33.5 per cent of their on taxes and 56.5 per cent on basic necessities.

The report says even after accounting for inflation, the tax bill has gone up 166 per cent since then.

B次元官网网址淭axes help fund important public services that Canadians rely on, but the issue is the amount of taxes governments take compared to what Canadians get in return,B次元官网网址� Lammam said.

B次元官网网址淲ith 43 per cent of their income going to taxes, Canadians might ask whether theyB次元官网网址檙e getting the best value for their tax dollars.B次元官网网址�

ashley.wadhwani@bpdigital.ca
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