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

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   Message 21,614 of 23,408   
   Canuck57 to M I Wakefield   
   Re: Taxes are Canadians Fastest Growing    
   04 May 10 19:31:56   
   
   XPost: can.general, can.politics, ott.general   
   From: Canuck57@nospam.com   
      
   On 04/05/2010 11:13 AM, M I Wakefield wrote:   
      
   > 1966 would have been a fairer baseline, since that was the year the CPP was   
   > introduced.   
      
   AND while they talk of income tax going up, how many new taxes do we pay   
   today that didn't even exist back in the 60's.  GST is just one example   
   but there are litterally many dozens of hidden taxes that have been   
   added or gone up not included.   
      
   That is why we need to control out governemtns spending, we need to move   
   it to a referundum and remove this budgetary power from corrupt   
   pandering politicians.   
      
   > ________________________________   
   > "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/cana   
   ian-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   
   >   
   >   
      
      
   --   
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   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)   

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