Taxes take up greatest part of household income, Fraser Institute says | WHAT REALLY HAPPENED

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.

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Just so you don't think Americans are the only people being raped ... oopsy, I mean reaped by their government tax system.

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