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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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