Free stuff is surprisingly expensive.
Senator Bernie Sanders and other lefty Dems keep talking about how we need to be more like Canada. Here’s what that would mean.
And a new study out today says the average Canadian family spends more on taxes than housing, food and clothing combined. The Fraser Institute found the average family earning $88,865, paid $39,299, or 44% of income a year in taxes, compared to $32,214 on the basic necessities. It was a different story in 1961, where the institute begins tracking. Then the average family spent just 33.5% of income on taxes. Fraser says over those 58 years Canadians’ tax bills have surged 2,246%. Compare that to increases in housing (1,593%), clothing (769% ) and food (639%).
Those are the kinds of increases it would take to even begin coping with Medicaid for All.
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