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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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