Quote:
Originally Posted by bizaro86
The Alberta personal exemption is higher, so you wouldn't save as much as you think. A comparison of taxes paid by different wage groups can be found on the last page of this document.
http://www.abchamber.ca/wp-content/u...titiveness.pdf
The peak savings is about 1.7% of income for someone who makes ~70k. |
Are those Alberta numbers correct? They look a little low based on quick math (income minus $16775 X 10%) and a couple of online calculators. In the $60-80K range I think the difference between BC and Alberta is about 2% of income ($1200-1500 a year).
Though any straight across comparison is tough because of BC's sales tax and MSP premiums, as well as various deductions each province has.