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Daily Archives: August 27, 2015

Taxes eat up 42% of average Canadian family’s income: Fraser Institute

UncategorizedBy adminAugust 27, 2015

TORONTO – Canadians retain just 21% of their income after paying the taxman and covering the cost of necessities, according to a Fraser Institute study. Taxes gobble up a whopping 42% of the average Canadian family’s income. About 37% of income goes to cover housing, food and clothing. “We’ve found … that over the last…

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