Madelyn Townes
Region: CA
Wednesday 17 April 2024 19:11:46 GMT
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common sense :
why can't anyone understand this!!! we pay 81.5% tax in Canada after income tax provincial and federal, CT, fuel, nat gas, property, alcohol, school,tax,tax,tax never ends!!
2024-04-18 00:01:30
245
Big Poppa :
It’s wild that the gov just throws around billions to other countries then taxes the hell outta their own citizens
2024-04-17 19:27:59
216
Be Be2322 :
Canada is not a capitalist society - it’s more like socialism but slowly turning into communism with how many government workers are employed.
2024-04-18 01:02:19
114
Beardiful One :
welcome to Socialism
2024-04-17 21:30:36
95
Amsizzle :
I purposely worked less in 2023 and made $30K less. I was paying too much tax at that bracket, made no sense.
2024-04-17 22:38:08
82
Yana Saint LéVie 🇨🇦 :
It’s honestly insane. It’s almost not even worth having your own business at this point. Also, did you see Atlantic Canada housing prices?! DOUBLED +some 🥲
2024-04-17 19:16:25
55
Valeri MacDonald :
So the new middle class is $300k in Canada! That's how absurd the cost of living has become!
2024-04-18 11:49:47
37
user4343956332314 :
There is definitely no point in having aspirations for success.
2024-04-18 10:51:18
36
pickledcats🍄🐻❄️🇨🇦 :
Incorporating was the best thing I’ve ever done! I save 20-30k a year on taxes and buy real estate through the corp! I was in utter disbelief how much tax I saved the last 2 years being incorporated
2024-04-18 16:55:05
21
Halifax Realtor | Brehannah :
The best thing I ever did was incorporate & hire an amazing accountant… 👏
2024-04-17 22:45:03
21
🌟E🌟 :
Income tax, property tax, fuel tax, sales tax… yes it’s at least that much.
2024-04-18 03:51:44
19
Yan :
If you are paying more than 50% of your income in taxes, then you're either really well off (top 1% of income earners) or you have capital gains that exceed a huge amount, which means you're wealthy.
2024-04-17 21:25:34
17
@van604can :
I believe you may have misinterpreted the top 20% earners pay 2/3 of the Canada’s taxes not 2/3 of their income
2024-04-18 15:34:42
14
Justin Konikow :
not to mention it’s criminal how much tax money gets wasted and how big the public sector is. I would have no problem with the tax rate if I felt we were getting value for it.
2024-04-17 23:26:44
13
Abbynoelrose :
Hubby and I also pay over half our income in tax. Running a small business, working 15 hours a day + 6 months pregnant, no one can replace me as good, so I’ll be working with baby 😭
2024-04-17 20:28:27
13
Take the Lead :
It’s a huge reason why we left and retired early. Sold our business our properties etc and now live in Mexico City ❤️🇲🇽❤️
2024-04-18 12:14:49
12
88mph4 🇨🇦 :
When and where to we begin the revolt?
2024-04-17 22:56:08
11
Jay :
We’re DONE investing in Canada. Done. Even if the cons repeal things, the writing is on the wall. The problem is cultural.
2024-04-18 01:05:20
9
FJM :
That’s just federal taxes. Add up all you taxes and you’re lucky to keep 30%
2024-04-18 00:25:06
9
Thrifty Gal Nation :
You are literally being punished for working harder and rewarded by working less by paying less taxes.
2024-04-17 23:09:43
8
Meags :
I don’t mind being taxed if it went to the services it used to. What are we paying for?
2024-04-17 21:03:21
8
Mang :
Don’t forget rich people also evade taxes. Most rich people pay less than 20% tax (as per my accountant husband).
2024-04-19 14:53:55
7
Rarity Gamer 🇨🇦 :
hear me out, people earning over $300,000 ARE NOT working "overtime"
2024-04-18 15:47:17
7
Kat :
I just learned that since I renovated my basement I have to pay more in property tax. That’s so nuts to me.
2024-04-18 13:30:09
7
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