02-25-2009, 12:24 PM | #11 |
Serious Business
Join Date: Nov 2008
Location: New York
Moto: 1993 ZX-11 2008 CBR1000rr
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I can't really complain to much. So far with every pay increase I've recieved, the lower my tax obligation has been.
It's all fricken "doom and socialism" when you are looking at tax rates on the internet, but in reality after everything the tax code gives you real tax rates are very low. The issue with the current system is that in order to pay less taxes, you have to make choices that Uncle Sam thinks are good for overall economic health vs "Ohh I'm going to spend my dividend money on a porche and hookers....!" every year. |
02-25-2009, 12:31 PM | #12 | |
Hold mah beer!
Join Date: Feb 2008
Location: 80 Miles South of Moto Heaven
Moto: 08 R1200GS
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Which defeats the purpose of having a free nation. You aren't free to pursue happiness if Uncle Sam punishes you for such.
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02-25-2009, 12:33 PM | #13 |
Serious Business
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Location: New York
Moto: 1993 ZX-11 2008 CBR1000rr
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fucking utilitarianism
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02-25-2009, 12:42 PM | #14 |
Nomadic Tribesman
Join Date: Nov 2008
Location: Brampton, Canada
Moto: '09 ER-6n
Posts: 11,150
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Is there a "prodigious yawn" smiley somewhere?
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02-25-2009, 01:05 PM | #15 | |
Hold mah beer!
Join Date: Feb 2008
Location: 80 Miles South of Moto Heaven
Moto: 08 R1200GS
Posts: 23,268
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Canadians are use to taking it up the ass with taxes.
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02-25-2009, 01:14 PM | #16 |
Nomadic Tribesman
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Location: Brampton, Canada
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Not a whole hell of a lot more than you. Possibly less, if you toss in things like paying for a health plan.
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02-25-2009, 01:22 PM | #17 | |
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Quote:
When I looked at your Federal tax rates I was surpised at how low they were. Then I looked at the Provincial rates and about shit. Many of our states have state income tax but they are a fraction of your Provincial rates. When the two are combined, there is a decent differential. Your top brackets are also ridiculously low. |
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02-25-2009, 01:30 PM | #18 | |
Nomadic Tribesman
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Location: Brampton, Canada
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Up here I get basic medical simply by being a citizen. In my current job I haven't had to pay a penny for dental in 10 years. I get life and travel insurance, by default. That, and my pay, makes it a tough combo to beat. Sure, I could probably (well now definitely) afford to buy a house down there but now here without singificant belt tightening, but you have to look at the whole picture. It's basically a wash.
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02-25-2009, 01:33 PM | #19 | |
Official Thread Killer
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Posts: 554
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So do you get put in the corner if it isn't "basic" services? What happens if you have a heart attack? |
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02-25-2009, 01:39 PM | #20 | |
Nomadic Tribesman
Join Date: Nov 2008
Location: Brampton, Canada
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Quote:
You?
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