Tag: tax burden

• New report finds that the average Canadian family spends more money on taxes than basic necessities.

  

  The latest edition of the Canadian Consumer Tax Index highlights a concerning trend: the tax burden on Canadian families has surged dramatically, with a staggering 2,705% increase in total taxes from 1961 to 2023. This rise is stark when compared to other essential expenditures such as shelter, food, and clothing, which have increased by 2,006%,…

  Kaleylangille

  July 31, 2024

  Uncategorized

  canada, Canada 2024, Canadian Consumer Tax Index, Canadian taxes, cost of living, economic analysis, financial trends, household expenses, income distribution, investing, personal-finance, tax, tax burden, taxes