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Taxes Now Outweigh Basic Needs | Vancouver News
Description
Canadian families are now paying more in taxes than on food, shelter, and clothes—41.9% of income versus 36%—a dramatic shift from 1961 when essentials consumed over half their income while taxes were just 33.5%. With taxes outpacing cost-of-living increases and the average tax bill more than doubling since then, Canadians are feeling the squeeze as their biggest household expense isn’t groceries or rent—it’s the state.
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