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Old 10-11-2015, 10:04 AM   #119
MarchHare
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Join Date: May 2004
Location: YSJ (1979-2002) -> YYC (2002-2022) -> YVR (2022-present)
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Quote:
Originally Posted by AcGold View Post
Tax cuts for the impoverished would be nice. Nothing like paying all my bills and there's nothing left for food because the government took the rest.
How much tax are you paying? Assuming you live in Alberta and work a full-time job (40 hrs/wk) making minimum wage ($10/hr), you earn $20,800 per year and pay $1,679 in combined federal and provincial income tax (effective tax rate of 8.07%). At that low income level, you're also eligible for GST rebate cheques every quarter (and I assume a variety of other government programs designed to assist low-income Canadians, but I haven't looked into it personally). What amount of taxation do you think is reasonable?
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