Newspaper article The Canadian Press

Fraser Institute Says Average Canadian Family Spent $34,154 on Taxes Last Year

Newspaper article The Canadian Press

Fraser Institute Says Average Canadian Family Spent $34,154 on Taxes Last Year

Article excerpt

Study says taxes cost average family $34,154

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VANCOUVER - The Fraser Institute calculates that the average Canadian family paid $34,154 in taxes of all sort last year, including "hidden" business taxes that are passed along in the price of goods and services purchased.

The Vancouver-based think-tank estimates that the average bill for income taxes collected by governments was $10,616 in 2015.

The second-biggest category was payroll and health taxes, at $7,160, followed by sales taxes at $4,973 and property taxes at $3,832.

The other categories include taxes on profits, liquor or tobacco, fuel, natural resources and import duties -- totalling $7,573.

The study's authors conclude that visible and hidden taxes would have been equal to 42. …

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