(Kitco News) – Recession fears have spiked in recent weeks amid deteriorating economic conditions and persistently high inflation, and for Canadians, the pinch in the pocketbook is only exacerbated by high taxes, with one report showing that in 2023, the average Canadian household spent 43% of its income on taxes alone.
https://www.kitco.com/news/article/2024-08-09/canadians-spend-43-income-taxes-more-food-housing-and-clothing-combined
https://www.kitco.com/news/article/2024-08-09/canadians-spend-43-income-taxes-more-food-housing-and-clothing-combined
(Kitco News) – Recession fears have spiked in recent weeks amid deteriorating economic conditions and persistently high inflation, and for Canadians, the pinch in the pocketbook is only exacerbated by high taxes, with one report showing that in 2023, the average Canadian household spent 43% of its income on taxes alone.
https://www.kitco.com/news/article/2024-08-09/canadians-spend-43-income-taxes-more-food-housing-and-clothing-combined
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