- The Canadian Consumer Tax Index tracks the total tax bill of the average Canadian family from 1961 to 2018. Including all types of taxes, that bill has increased by 2,246% since 1961.
- Taxes have grown much more rapidly than any other single expenditure for the average Canadian family: expenditures on shelter increased by 1,593%, clothing by 769%, and food by 639% from 1961 to 2018.
- The 2,246% increase in the tax bill has also greatly outpaced the increase in the Consumer Price Index (750%), which measures the average price that consumers pay for food, shelter, clothing, transportation, health and personal care, education, and other items….CLICK to view index
Taxes versus the Necessities of Life: The Canadian Consumer Tax Index
Posted by Jake Fuss
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