Quote:
Originally Posted by CaptainCrunch
I don't get his a flat tax is harder on the poor, that argument makes no sense when Alberta I think has one of the highest exemption dollar figures in the country.
I think anyone making under $18,500 pays no provincial tax.
I can't think of any more of a fair and progressive tax then a flat tax with a reasonable exemption.
Its easy to calculate for the provincial government as well which means its cheaper to implement.
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Every province has an exemption similar to Alberta's.
But our lower income people pay 10% on anything over it where in other places they pay much less. See few below and check the whole list
here
NL 7.7% on the first $35,008 of taxable income
ON 5.05% on the first $40,922 of taxable income
BC 5.06% on the first $37,869 of taxable income
NWT 5.9% on the first $40,484 of taxable income
NV 4% on the first $42,622 of taxable income,
And on the other end of the spectrum you see high income earners here pay few % less than anywhere else. It truly is a system for the rich,