Fascism in Canada

petros

The Central Scrutinizer
Nov 21, 2008
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Spanked? Hell no. But it does concern me to see the workingman who has no idea what is happening around them getting screwed.
 

karrie

OogedyBoogedy
Jan 6, 2007
27,780
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Spanked? Hell no. But it does concern me to see the workingman who has no idea what is happening around them getting screwed.

It tends to help if others have a reference point as to what on earth you're talking about.
 

karrie

OogedyBoogedy
Jan 6, 2007
27,780
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Ok. I pay 14% income tax while my employees pay 32%+

Why?

Because you get tax breaks they don't due to the costs of running a business/employing people. It is part of the stimulus to get people adding to the economy.
 

karrie

OogedyBoogedy
Jan 6, 2007
27,780
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or, if you're in the petroleum industry in a management position, a very likely scenario is that you make considerably less than your employees and thus are in a lower tax bracket.
 

TenPenny

Hall of Fame Member
Jun 9, 2004
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Location, Location
Could be a gazillion things.
Pay rates, are you being paid a salary or as dividends.
Do you and your employees live in the same Province?
 

petros

The Central Scrutinizer
Nov 21, 2008
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Because you get tax breaks they don't due to the costs of running a business/employing people. It is part of the stimulus to get people adding to the economy.
People are the economy not business. I don't pay any employee expenses. They get billed out all the same and the cost is passed on at profit.
 

karrie

OogedyBoogedy
Jan 6, 2007
27,780
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No people = no moving, serving, buying, selling. So why screw them?

Because no people= no moving, serving, buying, selling. And because no people means none of those things, certain things have to happen to keep the populace healthy. They need hospitals, schools, running water, roads, emergency services, the list goes on and on and on.

Low taxes for you means more employment for others. It all works out in the wash, so to speak.
 

petros

The Central Scrutinizer
Nov 21, 2008
117,640
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Because no people= no moving, serving, buying, selling. And because no people means none of those things, certain things have to happen to keep the populace healthy. They need hospitals, schools, running water, roads, emergency services, the list goes on and on and on.

Low taxes for you means more employment for others. It all works out in the wash, so to speak.
Hospitals, schools, running water, roads, emergency services are all Provincial and Municipal taxes.

Where is your Federal tax money going?

Why can't you contract yourself to your employer and save 20%?
 

TenPenny

Hall of Fame Member
Jun 9, 2004
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Location, Location
Why can't you contract yourself to your employer and save 20%?

You could if your employer agreed to do it.

But likely as a contractor you'd also get no benefits, and that would mean no paid vacation or health benefits. There can be tax benefits, but it's not always as easy as it seems.
 

petros

The Central Scrutinizer
Nov 21, 2008
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You could if your employer agreed to do it.

But likely as a contractor you'd also get no benefits, and that would mean no paid vacation or health benefits. There can be tax benefits, but it's not always as easy as it seems.
Lets see. 20% tax savings 5% CPP saved plus 11% EI = 36% in your pocket while you still have provincial healtcare paid through property and provincial sales taxes. You can take on hell of a vaction with 36% of your income being yours again.
 

einmensch

Electoral Member
Mar 1, 2008
937
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A pharmacist--3 cars 1 truck all tax deductible-like big Lexus-used to deliver drugs (once a year) air miles millions -trips, dinners, clothing on ,office equipment in million dollar home, wife full time walks in once a year, both kids used to be as well--I don't blame him --he follows the law-
petros may be upside down >> that's why he's telling you and you is tooooo stupid to understand