Quote:
Originally Posted by Bryan G
Federal and provincial. As I was saying earlier most pay about 20 to 30ish and its split federally and provincially. I can't remember the split though. I believe the federal government gets more.
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Federal & Provincial : the first 11K is not subject to income tax ( but is subject to payroll taxes such as Unemployment, CPP , RRQ, fixed contribution to healthcare).
Then, for federal, from 15 to 29% (
http://www.cra-arc.gc.ca/tx/ndvdls/fq/txrts-eng.html )
Provincial ( depending on provinces ) from 16 to 24 % (
http://www.revenuquebec.ca/en/citoye...comp/taux.aspx )
I pay roughly 40% , but I can deduct some money put in sone type of 401K ( I put about 20K a year ).
Then, we pay a nationwide sales tax that varies on provinces; Quebec is roughly 15% .
So services are not free , and I do pay for those making less ... If 12clicks would live in Canada, I would be paying for his sorry broke ass ....
