Canadians spend more on taxes than basic necessities

The tax man is getting greedy and living in Alberta won’t give you the big break many hope for according to the Fraser Institute.

Its Canadian Consumer Tax Index says Canadians are spending more of their incomes on taxes than basic necessities.

According to the report, in 2015, the average Canadian family (including single Canadians) earned $80,593 and paid $34,154 in taxes.

That’s compared to the $30,293 spent on housing, food and clothing combined.

Source: Canadians spend more on taxes than basic necessities: Fraser Institute – 660 NEWS