[quote=BlackEleven;568560]I don't know why this makes you mad. Equalization payments are merely a tax provinces have to pay for being part of Canada. Do you get mad you have to pay personal income tax as well? Is charging Canadian residents income tax unfair? Aside, you do know once upon a time, Alberta received transfer payments as well, right?[QUOTE]
Yes paying income tax makes me mad. Especially the amount we pay and how it's spent. Seeing since income tax was suppose to be a temporary tax for the war, it has stuck around for a while.
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The vast majority of the funds that are contributed to equalization payments nationwide come from provincial taxes -- both personal and business.
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Obviously I am not an expert, but equalization comes in the form of taxpayers paying money to the Feds. Not the provincial portion. Although the feds collect for the provinces tax aswell and then forwards the money onward. The equalization comes in the form of not sending back the same amount collect from the province. Thats my understanding of it.