UnThreaded | Threaded | Whole Thread (13) | Ignore Thread Prev | Next
Author: lowstudent Big funky green star, 20000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 726237  
Subject: Re: Canada shows the way Date: 11/23/2012 2:44 PM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 1
While spending cuts play a role, do you think the higher than US tax rates in Canada might also be a factor? More revenue helps to balance the budget.

You can read about Canadian income tax rates here:
___________________

Hi Chris

as long as you are an expert on Canadian taxes, I have a few question that will make this easier to consider

Does Canada have a seperate social security tax that is not part of the income tax? What about Medicare? Why did the corporate tax cut to far lower than here happen to coincide with so much getting better?

What kind of deductions are made by Canadian taxpayers?

Are there taxes on things like electricity, and a lot of other items that go into general revenue that no one really sees but are there?

I have a few hundred other questions before I am sure they are paying a lot more taxes than me, but those will be a good start

thanks
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (13) | Ignore Thread Prev | Next

Announcements

2013 Feste Award Voting Begins!
Who will win the 2013 Feste Award? Vote now for the Fool that most exemplifies the Fool Community mission of Learning Together!
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Post of the Day:
Tax Strategies

TMFPMarti-Feeling Good
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement