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   Message 6,670 of 8,306   
   Canuck57 to Jason   
   Re: Tax freedom Calculation Time   
   02 Jan 07 03:38:18   
   
   XPost: ab.general, ab.politics, calgary.general   
   XPost: can.general, can.taxes, ont.politics   
   From: dave-no_spam@unixhome.net   
      
   "Jason"  wrote in message   
   news:Xdjmh.541831$1T2.229279@pd7urf2no...   
   > 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.   
      
   Yep, I whipped out the numbers in haste and may have the provincial/federal   
   cuts whacko and may include property/utility taxes but the totals work.  But   
   the HC transfers were correct.  On the flip, your excluding the provincial   
   portion of taxes are you not?   
      
   Because if you are saying I can live in Ontario, can credibly guarantee it,   
   and I earn $60,000 and only have to pay a total (fed+prov+CPP+EI) income tax   
   load of just $13,340 I am MOVING.   
      
   Do keep in mind many US states, especially the ones with say 6% sales tax   
   don't have an personal income state/provincial tax...   
      
      http://en.wikipedia.org/wiki/State_income_tax   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)   

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