Fraser Institute says average Canadian family spent $34,154 on taxes in 2015 - Action News
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Fraser Institute says average Canadian family spent $34,154 on taxes in 2015

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.

Authors of report say it works out to 42.4 per cent of median family income

The Fraser Institute study says visible and hidden taxes would have been equal to 42.4 per cent of the cash income for an average Canadian family in 2015 (Reuters)

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

The Vancouver-based think-tank estimates that the average billfor 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 wouldhave been equal to 42.4 per cent of the cash income for an averageCanadian family in 2015, estimated at $80,593.

By comparison, the study estimates the average Canadian familyspent $30,293 on housing, food and clothing last year about 37.6per cent of the family's total cash income.