Thread: EU Elections
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Old 05-06-2012, 08:26 PM   #38
Slava
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Join Date: Dec 2006
Location: Calgary, Alberta
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Quote:
Originally Posted by Flames Fan, Ph.D. View Post
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Is that just a way to illustrate that high income earners aren't very smart and impose financial penalties on themselves because they don't understand marginal tax rates?
No, its just what happens. Its a case where people leave money in corporations, split with spouses, children, etc. in order to file below that threshold. There isn't anything subversive or anything, its just business. It happens in Canada and thats just the way things go; government increases tax and yet collects less.
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