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|    can.taxes    |    All that "free" healthcare has a price    |    23,408 messages    |
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|    Message 22,961 of 23,408    |
|    Nobody to All    |
|    Re: Canadian Personal Income Tax SUCKS    |
|    08 Apr 15 19:05:54    |
      From: not@home.anymore              Sharx35 wrote:              >       >       > wrote in message       > news:2d9101c1-ba98-49d5-9b41-ada1af7b917b@googlegroups.com...       >       > On Thursday, July 15, 1999 at 3:00:00 AM UTC-4,       > coolp...@my-deja.com wrote:       >> Everybody knows the income tax rates in CANADA are way too high.       >> It's not a fair system and the system does not encourage people       >> to work hard. Here is why:       >>       >> The tax system penalizes high income people. For example, one who       >> makes 60K a year is not much better off than someone who makes       >> 35K a year because the one who makes 60K is being considered       >> 'RICH' and half of his hardearned income will go to the       >> government to support the poor. Why should the RICH be penalized       >> ? People who spend money and time to get a higher education       >> deserve to earn a higher income. What's wrong with that ? Why       >> should they give their moeny away to support the poor ? CANADA       >> should just have a flat income rate so that everybody pays the       >> same percentage of their income for income tax. The high and low       >> income people, they both live in the same country, uses the same       >> road and facilities, why should the high income people pay more.       >> This tax system discrimates high-income people. Just to give an       >> example, when someone rent a apartment, will he/she pay a higher       >> rent because he/she earns more ? Or when someone goes to       >> Mcdonald's, will the high-income person pays more for the same       >> burger ?       >>       >> In my case, I make over 70K (The after-taxed income is not much       >> more than someone who makes 50K )and I have tons of chances to       >> make extra bucks and I don't mind working long hours. The reason       >> that I am not doing it as often is that I figured that I don't       >> really get much from my extra income because the fucking       >> goverment is sitting there waiting to collect half of my       >> hard-earned money. Furthermore, I work to support myself and my       >> family, not the goverment and the POOR ! So my friends, next time       >> when you have a chance to make extra bucks, do some calculation       >> first to see if you or the goverment benefits more. And when you       >> file your tax return, do whatever you can to get the most back       >> from the governemt.       >>       >> Other opions are welcome.       >>       >> A pissed off tax payer.       >>       >>       >> Sent via Deja.com http://www.deja.com/       >> Share what you know. Learn what you don't.       >       > I just knew how much tax I have to pay. I made about $34,000 last       > year and have to pay $2,400, much higher than I expected. I am       > like a low income earner and they taxed me this much. it is just       > ridiculous and unreasonable. I couldn't believe this.       > -------------------------------------------------------------------       > ------------- You obviously know SFA about tax planning. Key is to       > get as much as possible of your investment income in the form of       > dividends.              Far too many people just let the government take what they want when       there are many easy ways to lower your tax burden.              --- SoupGate-Win32 v1.05        * Origin: you cannot sedate... all the things you hate (1:229/2)    |
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