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Canadians pay 42% of income in tax - more than they spend on food, shelter, clothing combined

Posted: 8/12/2014 | Views: 295

Canadians shell out more on taxes - federal, provincial and local, and indirect - than they do on food, shelter and clothing combined, says a report by the Fraser Institute released Monday. The Canadian Consumer Tax Index compares how much the average taxpayer forks out today, compared with 1961, posing the question: Are Canadians getting enough bang for their bucks?

Source: National Post

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