From: sharx35@hotmail.com   
      
   "Alan Baggett"  wrote in message   
   news:4d750256-cbd2-4551-80aa-64cdaea57386@googlegroups.com...   
   > Tax bill for average Canadian family up 1,787% since 1961: Report   
   > : CRA SOTW   
   >   
   > QMI Agency   
   >   
   > Canadian families are spending more money on taxes than on food,   
   > clothing and shelter combined, a new Fraser Institute report   
   > says.   
   >   
   > Nearly half of the average family's income (42.7%) went toward   
   > federal, provincial and municipal taxes in 2012, the conservative   
   > think-tank says.   
   >   
   > The average family earned $74,113 and paid $31,615 in taxes,   
   > including income, sales and property taxes; employment insurance   
   > and Canada Pension Plan contributions; and what the institute   
   > calls "hidden" taxes like import duties and gas taxes.   
   >   
   > The tax bill has ballooned 1,787% since 1961, the report says.   
   >   
   > Meanwhile, basic necessities took up 36.9% of the family budget.   
   >   
   > That's the reverse of the situation in 1961, when food, clothing   
   > and shelter accounted for 56.5% of the budget and taxes took up   
   > 33.5%.   
   >   
   > The outlook is even worse when government budget deficits are   
   > factored in, the report says, because today's taxes aren't   
   > covering current levels of government spending.   
   >   
   > "Deficits must one day be paid for by working Canadians unless   
   > governments take serious steps to reduce spending," the report   
   > says.   
      
   Perhaps, however the average Canadian family could well examine   
   *its* spending habits, wasting money on a variety of things such as   
   cable TV, designer label clothing, bottled water, trading in   
   vehicles far too soon, living beyond its means, running up credit   
   card debt...the list is endless.   
      
   >   
   >   
   > -----------------------------------------------------------   
   > Miss a Tax Tale Miss a lot!   
   > Visit the CRA SOTW Library at   
   > http://canada.revenue.agency.angelfire.com   
   > ------------------------------------------------------------   
   > Alan Baggett – Tax Collector’s Bible -   
   > http://taxcollectorsbible.com/   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)