Thursday, April 22, 2010

Taxes take up greatest part of household income, Fraser Institute says

A prominent think-tank that's often critical of government spending policies says Canadian families spend more than two-fifths of their total income on taxes.

The Fraser Institute says its annual Canadian Consumer Tax Index calculated that taxes ate up 41.7 per cent of the average family's income in 2009.

That's up from 1981 when taxes accounted for 40.8 per cent of a family's income, or 33.5 per cent in 1961 when the Fraser Institute first compiled the index.

at

1 comment:

  1. AnonymousApril 23, 2010 at 2:24 AM

    The Fraser Institute is an even bigger joke than most thinktanks. They decide what they want their conclusions to be (close public parks, close public schools, shut down unemployment insurance, stop spending money on infrastructure) and then work backwards from there. They're a bunch of trust-fund douchebags walking around in tweed jackets pontificating on the value of hard work, when they themselves have never done an honest day's work in their life.

    ReplyDelete

Subscribe to: Post Comments (Atom)