The economic cost of war

Pay attention to tax rates

Yeah. Here, in the largest province of Canada, if one earns an annual income of $66,000, then the income tax amount would be $12,191. That's a 18.5% tax rate.

Instead of income, if a rich guy got $66,000 worth of "Canadian eligible dividends" from his investments, then his total tax amount would be ... $71. That's a 0.1% tax rate.

All this can be easily calculated but most stupid Canadians would still push for higher income tax rates.


Verify your Comment

Previewing your Comment

This is only a preview. Your comment has not yet been posted.

Your comment could not be posted. Error type:
Your comment has been posted. Post another comment

The letters and numbers you entered did not match the image. Please try again.

As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.

Having trouble reading this image? View an alternate.


Post a comment

Your Information

(Name is required. Email address will not be displayed with the comment.)