EDITORIAL: Taxpayers treated like cash cows

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Source It’s nothing new for public opinion surveys to show that most Canadians feel their taxes are too high, but a new online poll by Ipsos done for the Montreal Economic Institute suggests the depths of economic despair this is causing. Recommended Videos In the survey of 1005 adult Canadians taken from June 26 to July 1, 70% said they agreed that “my high tax bill reduces my standard of living.” The numbers back them up. The average Canadian family today earning $114,289 annually pays $48,306 in taxes to all levels of government, or 42.3% of its income. That’s more than the 35.5% it pays for food, shelter and clothing combined, according to the Fraser Institute. Put another way, the fiscally conservative think tank says, the average family today spent the first 159 days of this the year from Jan. 1 to June 8 — 43.6% of its time — earning money to pay taxes to all levels of...