Quote:
Originally posted by SleazyDream
it's a sliding scale based on income amount - similar to the USA works, but you pay a larger percentage on a smaller income in canada.
that's why you don't ever want a personal net income much over $80K.
it's why one owns corporations.
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I believe Alberta has something like less than 20% corporate tax now on 300k or less, which is quite amazing considering everything else about canada is 100% socialist. My theory is they have high taxes for x years and then lower taxes for y years to give the people the impression they are nice
