Canadians Biggest Expense......TAXES!!

[Anonymous]

And just in time, here comes a drunken prairie fart teippin' on his dick.



Get off you piece of shit.

Fuck off you moronic waste of keystokes. I have been in the top one percent of earners for twenty some years now. I know what I pay in taxes and it's a fuck of a lot than most people.

[RW]

You're a drunk piece of shit.  I'm sorry your wife won't fuck you.  Take up jogging.

[GORDY GAMBINO]

fucking hilarious ^^

[Anonymous]

Their tax burden is more than middle of the road working families?



Shen, it's my turn to tell you to get your head out of your ass.

Of course it is. Everybody in Canada pays too much tax, but the top  ten percent are carrying a much heavier burden.



The top 1% of income earners in Canada (there are about 260,000) earn a minimum of $190,000 a year and an average of $361,000. Together, they earn about 11% of all the income in the country. And their income comes mostly from practicing their professions, running businesses (their own or corporations) or working in the senior public service. It is not mostly from inheritance or investment dividends.



And, importantly, the One Percenters pay more than 23% of all federal and provincial income tax.



The top 10% – those who earn over $80,000 – earn 35% of all income, and pay 55% of income taxes.



By comparison, the bottom 50% of Canadian income earners (those earning under $35,000) earn nearly a third of all income, yet pay just 4% of all income tax.



So if the rich are already paying their fair share, how come we middle-classers aren't getting ahead?



How come, for instance, our productivity has gone up by as much 75% since the '70s, but our incomes haven't kept pace? Why aren't we seeing more of the fruits of our labours? Why can so many of us now no longer afford to buy houses or pay off student loans. Isn't that because the rich, greedy 1% are keeping more of our money for themselves?



The short answer is: No. The reason middle-class Canadians feel like they are running on an income treadmill is that governments are keeping much greater sums of our cash.



Middle-class Canadians earn about 35% of all income and pay about 36% of all income tax. However, for every dollar our incomes have gone up in the past three decades, governments of one level or another have taken nearly an extra dollar in income tax, gasoline tax, sales tax, property tax, utility taxes, import taxes, sin taxes and, soon, carbon taxes.

The top ten per cent of earners starts at only eighty thousand dollars per year?

 ac_wot

[Anonymous]

Ontario's highest effective tax rate is 53.5% on incomes over$220,000 per annum. It is regressive not progressive to overcharge professionals like doctors. That doesn't include all our hidden taxes either.



There are too many taxes in Canada and some are too high.

[RW]

Ontario's highest effective tax rate is 53.5% on incomes over$220,000 per annum. It is regressive not progressive to overcharge professionals like doctors. That doesn't include all our hidden taxes either.



There are too many taxes in Canada and some are too high.

How much do you think the tax rate on the higher ups reflects the fact that they can shelter their money from the tax man more than the average person?

[Thiel]

Their tax burden is more than middle of the road working families?



Shen, it's my turn to tell you to get your head out of your ass.

Of course it is. Everybody in Canada pays too much tax, but the top  ten percent are carrying a much heavier burden.



The top 1% of income earners in Canada (there are about 260,000) earn a minimum of $190,000 a year and an average of $361,000. Together, they earn about 11% of all the income in the country. And their income comes mostly from practicing their professions, running businesses (their own or corporations) or working in the senior public service. It is not mostly from inheritance or investment dividends.



And, importantly, the One Percenters pay more than 23% of all federal and provincial income tax.



The top 10% – those who earn over $80,000 – earn 35% of all income, and pay 55% of income taxes.



By comparison, the bottom 50% of Canadian income earners (those earning under $35,000) earn nearly a third of all income, yet pay just 4% of all income tax.



So if the rich are already paying their fair share, how come we middle-classers aren't getting ahead?



How come, for instance, our productivity has gone up by as much 75% since the '70s, but our incomes haven't kept pace? Why aren't we seeing more of the fruits of our labours? Why can so many of us now no longer afford to buy houses or pay off student loans. Isn't that because the rich, greedy 1% are keeping more of our money for themselves?



The short answer is: No. The reason middle-class Canadians feel like they are running on an income treadmill is that governments are keeping much greater sums of our cash.



Middle-class Canadians earn about 35% of all income and pay about 36% of all income tax. However, for every dollar our incomes have gone up in the past three decades, governments of one level or another have taken nearly an extra dollar in income tax, gasoline tax, sales tax, property tax, utility taxes, import taxes, sin taxes and, soon, carbon taxes.

All very true and the trend continues upward.



As a business owner, I am able to write off enough that my total tax bite is less than any salaried employee. I really feel sorry for the young and future generations. There won't be much incentive to better themselves if they have to continue turning over more and more to greedy governments.

[RW]

Exactly!  You are able to write off and shelter while the working stiff gets hosed.  There's something really wrong with that.

[Anonymous]

Good article from the Sun  new network about the crushing and ever increasing tax burden placed on Canadian families are forced to bear.

Taxing Canadian families has always posed a Goldilocks dilemma for government.



How much is too little? Too much? What's just right?



For decades, tax hikes were political poison, tax cuts the sweet stuff of majority governments.



So government gradually got better at hiding hikes — often through clever or downright sneaky new and higher user fees tied to services.



The overall tax burden on average families over the past 55 years — from 1961 when Conservative anti-establishment populist Prime Minister John Diefenbaker ran the country, until 2016 with selfie-loving anti-populist Justin Trudeau in charge — has increased a whopping 2006%.



That, a new Fraser Institute research report shows, by far outpaced the 718% increase in the cost of food, shelter, clothing or anything else you'd care to toss into the basket of consumer goods.



What it means is the average Canadian family now earns $83,105 and spends $42.5% of their income on tax. In 1961, most families earned $5,000 and paid 33.5% in total taxes.



Average families, Fraser found, now spend twice as much on taxes as they do on rent or mortgages — a rather stunning revelation given the typical costs of both.



This brings us back to the Goldilocks conundrum.



Why do we apparently pay so much of our income for taxes, and is our overall tax burden fair and manageable?



(Spoiler alert, it's not.)



Rapid and unrelenting change has defined the past half century, though that could probably be said of any similar period of history.



However, Canada — since 1961 — has seen both incredible growth and ideological change that has impacted average working people and the taxes they pay.



For starters, income growth since 1961 (the year Wayne Gretzky was born) significantly accounts for a good portion of tax growth.



It doesn't, however, account for the rampant growth of the overall tax burden.



The real surge in taxation — both in obvious taxes like income and sales tax and hidden taxes and new user fees — occurred following recessionary years in the 1990s, when government began to "stimulate" the economy through deficit spending.



Add up the myriad local, provincial and federal taxes and user-fee hikes — from licence plate stickers to sales tax — and there's not a corner of your pocket that doesn't seem picked.



Meanwhile, with less left in their pockets, Canadians began increasingly to feel the pinch of higher living expenses.



We now have record Canadian consumer debt levels ($1.67 for every $1 of household disposable income, Statistics Canada says), record and escalating consumer costs for hydro, car insurance, bank fees, gas and grocery prices, school tuition and an ad nauseam list of everyday expenses.



Politicians, including our Prime Minister during the last federal election campaign, love to preach "fairness" for the middle class and talk about putting "money in their pockets to save, invest, and grow the economy" but it's nakedly clear that despite the increasing struggle average families face to make ends meet, there's little end in sight of government's appetite for expanded taxation.



Trudeau plans to impose carbon taxes on all provinces, which will significantly increase the cost of all consumer goods by 2022.



There are plans to expand Canada Pension Plan funding in 2019, which will reduce paycheques for working Canadians.



Fully, 10% of all taxes paid nationwide now go towards paying off our massive and growing debt.



And debt, as anyone who has a house mortgage or car loan knows, takes money out of your pocket later for something you buy today.



As a consequence, "tax increases are being shifted onto future generations," says Charles Lammam, one of the authors of the Fraser study.



We do get much in return for taxes — public services like health care, transit, education, support for our military.



This provided justification for tax hikes — whether good ones or ill — peddled by a succession of governments of all political ilk across this country, but most, especially by left-wing political parties and interest groups which resort to ideological sophistry to retain power, validate narrow and self-serving agendas and deflect reasonable criticism.



Question the value of taxes or fees, whether civil servants should earn far more than private sector workers, why one of the most expensive health-care systems in the world suffers from chronic wait times and poor outcomes, and the political deflection becomes that such questions reflect animosity toward transit, indifference to the poor and reckless regard for health care.



So, we have collectively come to view high taxation as an indispensable and unassailable virtue, and shrug at inefficient, agenda-driven and mediocre government.



Fraser, of course, is only reporting the numbers. And the poor, suffering, unappreciated and over-taxed Canuck family undoubtedly will endure.



But at some point, the bears come home.

Good thread Shen.



Anyone who has worked as long as I have has seen more of their pay cheques being siphoned off by the taxman. The more you make, the more the vultures take. Maybe taxpayers should form a collective bargaining unit and demand lower taxes.

[Anonymous]

Good article from the Sun  new network about the crushing and ever increasing tax burden placed on Canadian families are forced to bear.

Taxing Canadian families has always posed a Goldilocks dilemma for government.



How much is too little? Too much? What's just right?



For decades, tax hikes were political poison, tax cuts the sweet stuff of majority governments.



So government gradually got better at hiding hikes — often through clever or downright sneaky new and higher user fees tied to services.



The overall tax burden on average families over the past 55 years — from 1961 when Conservative anti-establishment populist Prime Minister John Diefenbaker ran the country, until 2016 with selfie-loving anti-populist Justin Trudeau in charge — has increased a whopping 2006%.



That, a new Fraser Institute research report shows, by far outpaced the 718% increase in the cost of food, shelter, clothing or anything else you'd care to toss into the basket of consumer goods.



What it means is the average Canadian family now earns $83,105 and spends $42.5% of their income on tax. In 1961, most families earned $5,000 and paid 33.5% in total taxes.



Average families, Fraser found, now spend twice as much on taxes as they do on rent or mortgages — a rather stunning revelation given the typical costs of both.



This brings us back to the Goldilocks conundrum.



Why do we apparently pay so much of our income for taxes, and is our overall tax burden fair and manageable?



(Spoiler alert, it's not.)



Rapid and unrelenting change has defined the past half century, though that could probably be said of any similar period of history.



However, Canada — since 1961 — has seen both incredible growth and ideological change that has impacted average working people and the taxes they pay.



For starters, income growth since 1961 (the year Wayne Gretzky was born) significantly accounts for a good portion of tax growth.



It doesn't, however, account for the rampant growth of the overall tax burden.



The real surge in taxation — both in obvious taxes like income and sales tax and hidden taxes and new user fees — occurred following recessionary years in the 1990s, when government began to "stimulate" the economy through deficit spending.



Add up the myriad local, provincial and federal taxes and user-fee hikes — from licence plate stickers to sales tax — and there's not a corner of your pocket that doesn't seem picked.



Meanwhile, with less left in their pockets, Canadians began increasingly to feel the pinch of higher living expenses.



We now have record Canadian consumer debt levels ($1.67 for every $1 of household disposable income, Statistics Canada says), record and escalating consumer costs for hydro, car insurance, bank fees, gas and grocery prices, school tuition and an ad nauseam list of everyday expenses.



Politicians, including our Prime Minister during the last federal election campaign, love to preach "fairness" for the middle class and talk about putting "money in their pockets to save, invest, and grow the economy" but it's nakedly clear that despite the increasing struggle average families face to make ends meet, there's little end in sight of government's appetite for expanded taxation.



Trudeau plans to impose carbon taxes on all provinces, which will significantly increase the cost of all consumer goods by 2022.



There are plans to expand Canada Pension Plan funding in 2019, which will reduce paycheques for working Canadians.



Fully, 10% of all taxes paid nationwide now go towards paying off our massive and growing debt.



And debt, as anyone who has a house mortgage or car loan knows, takes money out of your pocket later for something you buy today.



As a consequence, "tax increases are being shifted onto future generations," says Charles Lammam, one of the authors of the Fraser study.



We do get much in return for taxes — public services like health care, transit, education, support for our military.



This provided justification for tax hikes — whether good ones or ill — peddled by a succession of governments of all political ilk across this country, but most, especially by left-wing political parties and interest groups which resort to ideological sophistry to retain power, validate narrow and self-serving agendas and deflect reasonable criticism.



Question the value of taxes or fees, whether civil servants should earn far more than private sector workers, why one of the most expensive health-care systems in the world suffers from chronic wait times and poor outcomes, and the political deflection becomes that such questions reflect animosity toward transit, indifference to the poor and reckless regard for health care.



So, we have collectively come to view high taxation as an indispensable and unassailable virtue, and shrug at inefficient, agenda-driven and mediocre government.



Fraser, of course, is only reporting the numbers. And the poor, suffering, unappreciated and over-taxed Canuck family undoubtedly will endure.



But at some point, the bears come home.

Good thread Shen.



Anyone who has worked as long as I have has seen more of their pay cheques being siphoned off by the taxman. The more you make, the more the vultures take. Maybe taxpayers should form a collective bargaining unit and demand lower taxes.

 ac_umm

[RW]

This place is getting a bit leftie lately.



:D

[Anonymous]

Anyone who has worked as long as I have has seen more of their pay cheques being siphoned off by the taxman. The more you make, the more the vultures take. Maybe taxpayers should form a collective bargaining unit and demand lower taxes.

I never considered joining a federation but it would be nice to get back to this "33.5% of the average family's income went to pay taxes in 1961 while 56.5% went to basic necessities."



But, it will not happen. Unfortunately, taxes for all Canadians will continue to go in one direction and that is up.



I would like to see what the total tax bite is for Aussies.

[Anonymous]

I think this country's best days are behind it. I'm a top tier earner according to the op and three levels of government are picking my pocket.



And on top of wanting more money, they are not doing nearly enough to support our mortgage paying industrial jobs. In too many instances they are working against working people.

[Angry White Male]

Taxes now go to things like settling in refugees for life, extra policing costs for new Canadians, welfare cheques and other special privileges for New Canadians...  for life...



Medical expenses for New Canadians, for life.



What's a few more billion dollars this costs us?



THIS is why I smoke where I want!  I raise the funds to save the world alone, via my smoking habit.



And yes, I smoke where I want!

[Odinson]

The biggest expense any western land has is helping bums like me who don't work.