Canadian Election
#22
He told me that he left Canada because he was paying through the you know what in taxes, yet some of his family members actual net income was higher than his because they had "lower paying" jobs. He couldn't stand it anymore, and moved south. He also said that the US is on the way of being just as bad, and he can't believe we're letting it happen.
Toronto in undergoing fairly massive reform under the new mayor. His election slogan was "stop the gravy train" and is working on things like fully privatized garbage collection. I'm not a resident (my grandmother is) and don't know how it's going but I understood they had curbside pickup 3 times a week.
Any Torontonians want to chime in on this?
#23
Boost Czar
iTrader: (62)
Join Date: May 2005
Location: Chantilly, VA
Posts: 79,501
Total Cats: 4,080
yep, you are only taxed more on the amount you make in that tax bracket.
if you make 155K, you are taxed 23% on 150K and 33% on 5K...whatever the rate actually is.
either way it's 99% too much.
if you make 155K, you are taxed 23% on 150K and 33% on 5K...whatever the rate actually is.
either way it's 99% too much.
#24
Nevermind the taxes that the fed, state, county, and local governments levy that people aren't commonly aware of. I don't know how Canada is structured, but I'm sure they are similar to the US in general. I know in the US, once I add up the taxes I pay, it adds up to more than 50% of my income.
#25
Boost Czar
iTrader: (62)
Join Date: May 2005
Location: Chantilly, VA
Posts: 79,501
Total Cats: 4,080
you dont deserve your own money. you know that right?
there are people out there, that have a hard time getting off their new iphone to go look for a job or get educated. you owe it to them.
there are people out there, that have a hard time getting off their new iphone to go look for a job or get educated. you owe it to them.
#26
What I'm concerned about is the pendulum swing going from the far left that we've got right now, to the far right (fascism). If things deteriorate much further, I wouldn't be surprised if another savior in the reincarnated form of Hitler were to appear. It never stabilizes in the center. Doesn't make the power brokers any money.
#27
2 Props,3 Dildos,& 1 Cat
iTrader: (8)
Join Date: Jun 2005
Location: Fake Virginia
Posts: 19,338
Total Cats: 573
I was speaking "off the record" with a hiring manager at a very large govt contractor (they make fighter jets) and he told me that even though I was a good fit for many of their job openings, and irrespective of education or work history, I'd probably never get hired, explaining, "You're too white and too male. We have plenty of you around already, and we're under a government magnifying glass to ensure equal opportunity for all." < his exact words. I laughed.
So what is your number? How much total tax would you be willing to pay for a minimal level of service from the govt?
#31
Federal taxes are...
* 15% on the first $41,544 of taxable income, +
* 22% on the next $41,544 of taxable income (on the portion of taxable income between $41,544 and $83,088), +
* 26% on the next $45,712 of taxable income (on the portion of taxable income between $83,088 and $128,800), +
* 29% of taxable income over $128,800.
* 22% on the next $41,544 of taxable income (on the portion of taxable income between $41,544 and $83,088), +
* 26% on the next $45,712 of taxable income (on the portion of taxable income between $83,088 and $128,800), +
* 29% of taxable income over $128,800.
Newfoundland and Labrador
7.7% on the first $31,904 of taxable income, +
12.5% on the next $31,903, +
13.3% on the amount over $63,807
Prince Edward Island
9.8% on the first $31,984 of taxable income, +
13.8% on the next $31,985, +
16.7% on the amount over $63,969
Nova Scotia
8.79% on the first $29,590 of taxable income, +
14.95% on the next $29,590, +
16.67% on the next $33,820 +
17.5% on the next $57,000
21% on the amount over $150,000
New Brunswick
9.1% on the first $37,150 of taxable income, +
12.1% on the next $37,150, +
12.4% on the next $46,496, +
14.3% on the amount over $120,796
Ontario
5.05% on the first $37,774 of taxable income, +
9.15% on the next $37,776, +
11.16% on the amount over $75,550
Manitoba
10.8% on the first $31,000 of taxable income, +
12.75% on the next $36,000, +
17.4% on the amount over $67,000
Saskatchewan
11% on the first $40,919 of taxable income, +
13% on the next $75,992, +
15% on the amount over $116,911
Alberta 10% of taxable income
British Columbia 5.06% on the first $36,146 of taxable income, +
7.7% on the next $36,147, +
10.5% on the next $10,708, +
12.29% on the next $17,786, +
14.7% on the amount over $100,787
Yukon
7.04% on the first $41,544 of taxable income, +
9.68% on the next $41,544, +
11.44% on the next $45,712, +
12.76% on the amount over $128,800
Northwest Territories
5.9% on the first $37,626 of taxable income, +
8.6% on the next $37,627, +
12.2% on the next $47,092, +
14.05% on the amount over $122,345
Nunavut
4% on the first $39,612 of taxable income, +
7% on the next $39,612, +
9% on the next $49,576, +
11.5% on the amount over $128,800
7.7% on the first $31,904 of taxable income, +
12.5% on the next $31,903, +
13.3% on the amount over $63,807
Prince Edward Island
9.8% on the first $31,984 of taxable income, +
13.8% on the next $31,985, +
16.7% on the amount over $63,969
Nova Scotia
8.79% on the first $29,590 of taxable income, +
14.95% on the next $29,590, +
16.67% on the next $33,820 +
17.5% on the next $57,000
21% on the amount over $150,000
New Brunswick
9.1% on the first $37,150 of taxable income, +
12.1% on the next $37,150, +
12.4% on the next $46,496, +
14.3% on the amount over $120,796
Ontario
5.05% on the first $37,774 of taxable income, +
9.15% on the next $37,776, +
11.16% on the amount over $75,550
Manitoba
10.8% on the first $31,000 of taxable income, +
12.75% on the next $36,000, +
17.4% on the amount over $67,000
Saskatchewan
11% on the first $40,919 of taxable income, +
13% on the next $75,992, +
15% on the amount over $116,911
Alberta 10% of taxable income
British Columbia 5.06% on the first $36,146 of taxable income, +
7.7% on the next $36,147, +
10.5% on the next $10,708, +
12.29% on the next $17,786, +
14.7% on the amount over $100,787
Yukon
7.04% on the first $41,544 of taxable income, +
9.68% on the next $41,544, +
11.44% on the next $45,712, +
12.76% on the amount over $128,800
Northwest Territories
5.9% on the first $37,626 of taxable income, +
8.6% on the next $37,627, +
12.2% on the next $47,092, +
14.05% on the amount over $122,345
Nunavut
4% on the first $39,612 of taxable income, +
7% on the next $39,612, +
9% on the next $49,576, +
11.5% on the amount over $128,800
#35
No VAT, but yes... when you add up everything you pay it's gets ridiculous. We just had "HST" implemented here in BC. We used to have GST and PST which equaled %12 on some items, but others only had GST. So now food, gas, and a bunch of other things that used to be only %7 are now %12.
We also had a carbon tax implemented in 08.
We also had a carbon tax implemented in 08.
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Quality Control Bot
Insert BS here
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02-18-2008 09:05 AM