Title page
Contents
Summary 1
Introduction 2
The total tax bill 2
The Canadian Consumer Tax Index 3
What the Canadian Consumer Tax Index shows 4
Balanced Budget Consumer Tax Index 5
Taxes versus the necessities of life 5
Conclusion 10
References 11
Acknowledgments 12
Table 1. Tax bill of the average Canadian family (families and unattached individuals), 2023 2
Table 2. Taxes paid by the average Canadian family (families and unattached individuals), 1961-2023 3
Table 3. Inflation-adjusted tax bill and percent change since 1961 5
Table 4. Income, taxes, and selected expenditures of the average Canadian family (nominal dollars) 7
Table 5. Income, tax, and expenditure indices (1961=100) 9
Figure 1. The Canadian Consumer Tax Index, 1961-2023 4
Figure 2. The Balanced Budget Tax Index, 1961-2023 6
Figure 3. Taxes and basic expenditures of the average Canadian family, 1961-2023 6
Figure 4. Taxes and basic necessities as percentage of cash income, 1961-2023 8
Figure 5. The average Canadian family's expenditures as percentage of cash income, 2023 8
Figure 6. Increase in the Canadian Consumer Tax Index relative to other indices, 1961-2023 10