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   can.taxes      All that "free" healthcare has a price      23,408 messages   

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   Message 21,612 of 23,408   
   pepper@megashaw.ca to All   
   Re: Taxes are Canadians Fastest Growing    
   04 May 10 17:46:59   
   
   67776ae3   
   XPost: can.general, can.politics, ott.general   
   From: pepper@mega.ca   
      
   Bloody scary, isn't it - that a country which was able to claim security   
   financially, the   
   ability to send its kids on to higher education without question, and to   
   purchase their   
   own homes, is now worried about how they're going to pay the rent, how they're   
   going to   
   get enough for clothes or braces for their kids, and where they're going to   
   end up living   
   in their old age?   
      
   Elect enough right wing governments that put corporate profits and supporting   
   powerful   
   lobby groups above the needs of the average Canadian - and you get the   
   disaster that is   
   quickly becoming Canada.  We need corporate-friendly governments all across   
   Canada to be   
   gone.  That means British Columbia, Alberta, and many times, Quebec.  And no,   
   I didn't   
   forget the most important jurisdiction:  Ottawa.   
   ____________________________________________________________   
      
      
   "Alan Baggett"  wrote in message   
   news:aa989fdb-a2e2-4609-82c5-4394689d14c8@b7g2000yqk.googlegroups.com...   
   Taxes are Canadians Fastest Growing Expense-report :CRA SOTW   
      
      
   OTTAWA -- Canadians have seen their tax bill grow at a much faster   
   rate than any other household expense over the past 49 years,   
   according to a report released by the Fraser Institute Monday.   
      
   The report by the fiscally conservative think-tank showed the total   
   tax bill of the average Canadian family has increased by 1,624% since   
   1961, while expenditures on housing increased by 1,198%, food by 559%   
   and clothing by 526% from 1961 to 2009.   
   “Taxes have grown much more rapidly than any other single expenditure   
   item for Canadian families to the point where taxes from all levels of   
   government take a greater part of a family’s income than basic   
   necessities such as food, clothing, and housing,” Niels Veldhuis, the   
   study’s co-author and the Institute’s senior economist, said in a   
   release. “Taxes have become the most significant item that Canadian   
   consumers now face in their budgets.”   
      
   The report found in 2009, the average Canadian family earned an income   
   of $69,175 and paid total taxes equalling $28,878 -- 41.7% of income.   
   In 1961, the average Canadian family earned an income of $5,000 and   
   paid $1,675 in total taxes -- 33.5% of income.   
   The authors also pointed out that personal income tax makes up only   
   one-third of what the average Canadian family paid in taxes in 2009.   
      
   The figures are based on the institute’s Canadian Consumer Tax Index,   
   which adds up the various taxes that the average Canadian family pays   
   to federal, provincial and local governments -- including direct taxes   
   such as income taxes, sales taxes, employment insurance and Canadian   
   Pension Plan contributions -- as well as “hidden” taxes such as import   
   duties, excise taxes on tobacco and alcohol, amusement taxes and gas   
   taxes.   
   Meanwhile, a survey also released Monday by BMO Nesbitt Burns revealed   
   37% of Canadians are not confident they are taking advantage of all   
   the tax breaks available to them, and 89% said they were not certain   
   how recent tax changes would affect them personally.   
      
   Canwest News Service   
   © Copyright (c) National Post   
      
   You can view the report at:   
   http://www.fraserinstitute.org/commerce.web/product_files/canadi   
   n-consumer-tax-index-2010.pdf   
      
      
      
      
   -----------------------------------------------------------   
   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   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)   

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