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|    Message 6,668 of 8,306    |
|    Jason to All    |
|    Re: Tax freedom Calculation Time    |
|    02 Jan 07 02:14:15    |
      XPost: ab.general, ab.politics, calgary.general       XPost: can.general, can.taxes, ont.politics       From: jasonmoogobbly@shaw.ca              Canuck57 wrote:       > Lets say you earn $60,000, pay $27,000 in income taxes. Of which a       > smaller portion is federal. Say $18,000. The feds kick in 7.5% of this to       > provincial health care. About $1350.       >                            A single person in BC with employment income of $60,000 would pay       $12,742 in federal AND BC income tax.              In Alberta it would be $13,240, Ontario would be $13,340 and even NFLD       would be $15,988.              None of these come even close to your farcical estimate of $18,000 for       just federal income tax.              I guess you meant to say for ALL taxes in Canada (GST, alcohol/tobacco,       income, property, etc).              Let's just be chalk it up to a simple mistake since your tax is deducted       at source and, therefore, you don't actually have any idea how much       income tax a person really does pay in any given year.              --- SoupGate-Win32 v1.05        * Origin: you cannot sedate... all the things you hate (1:229/2)    |
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