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Canadians Pay More in Taxes Than Essentials | Toronto News
Canadians are now paying more in taxes than on housing, food, and clothes combined — a shocking reversal from 1961 when families spent half their income on essentials and just a third on taxes. New research reveals that tax burdens have skyrocketed nearly 3,000% since then, while incomes rose only about 2,300%, and with government debt factored in, the total tax bill has climbed even higher. Though today’s services like universal healthcare weren’t available back then, the core message is clear: taxes now consume more of our wallets than ever before — and it’s time to ask where all that money…
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