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   Message 6,690 of 8,306   
   Determinator to Jason   
   Re: Tax freedom Calculation Time   
   05 Jan 07 04:22:11   
   
   XPost: ab.general, ab.politics, calgary.general   
   XPost: can.general, can.taxes, ont.politics   
   From: Determinator@fubar.ca   
      
   Jason wrote:   
   > 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.   
   >   
   >   
      
   i dunno about this fraser calculation....   
      
   If I add my income tax, my property/school taxes, GST and ad another   
   25% to account for hidden excise fees...   
      
   I'm still only pay about 25% of my annual income to taxes   
      
   so... my tax freedom day is roughly March 31.   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)   

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