| View previous topic :: View next topic |
| Author |
Message |
thepeel
Joined: 08 Aug 2004
|
 Posted: Wed Apr 18, 2007 7:57 am Post subject: Canadians paying too much in taxes? |
 |
|
| Quote: |
Taxes are eating into Canadians� incomes more than ever, costing the average family more than food, clothing and housing combined, suggests a new survey.
The Fraser Institute�s 2007 Canadian Consumer Tax Index indicates that though the income of the average Canadian family has increased significantly since 1961, so has the percentage paid in various taxes.
�The tax burden we face is made up of much more than just income tax,� Niels Veldhuis, the study�s co-author and director of the centre for tax studies with the think-tank, said in a statement Monday.
The average Canadian family earned $63,001 in 2006 and paid taxes equalling $28,311, almost 45 per cent of its income, while spending 35.6 per cent of its income on food, clothing and housing.View Larger Image
The average Canadian family earned $63,001 in 2006 and paid taxes equalling $28,311, almost 45 per cent of its income, while spending 35.6 per cent of its income on food, clothing and housing.
�When you add up all the taxes we have to pay to all levels of government, the average Canadian family is paying more of its income to governments in the form of taxes than they spend feeding, clothing and housing themselves.�
The average Canadian family earned $63,001 in 2006 and paid taxes equalling $28,311, almost 45 per cent of its income, while spending 35.6 per cent of its income on food, clothing and housing.
According to the institute, 45 years ago that same family earned $5,000 and paid $1,675, or 33.5 per cent of its total income, in taxes. In 1961, the average family spent 56.5 per cent of its income on the necessities of life.
The tax index adds up the various taxes paid to federal, provincial, and local governments, including direct taxes such as income taxes, sales taxes, Employment Insurance and Canadian Pension Plan contributions, and �hidden� taxes such as import duties, excise taxes on tobacco and alcohol, amusement taxes, and gas taxes.
Since 1961, the total tax bill for the average Canadian family has increased 1,590 per cent, according to the think-tank. Meanwhile, the cost of housing has increased 1,019 per cent, the cost of food 487 per cent and the cost of clothing 447 per cent, the Fraser Institute said.
�Over the past 45 years, taxes have become the single largest expenditure in an average Canadian family�s budget, with the total tax bill for a typical family increasing by 1,590 per cent since 1961,� Veldhuis said. |
http://www.canada.com
In my opinion, the tax system is beyond unjust. It is just a scam. Each level of government should take no more than 5% total. |
|
| Back to top |
|
 |
Matt_22
Joined: 22 Nov 2006
|
| Posted: Wed Apr 18, 2007 8:51 am Post subject: |
|
|
| I have Canadian friends who constantly drone on about how wonderful their socialized health care system is. How big of an impact does that have on the tax rates? |
|
| Back to top |
|
|
thepeel
Joined: 08 Aug 2004
|
| Posted: Wed Apr 18, 2007 8:55 am Post subject: |
|
|
| 24% of all taxes for health. Plus some old age entitlements that touch on health. |
|
| Back to top |
|
|
No_hite_pls
Joined: 05 Mar 2007
Location: Don't hate me because I'm right
|
| Posted: Wed Apr 18, 2007 6:48 pm Post subject: |
|
|
The Fraser Institute�s
This is right wing organization and by no means an Institute) that manipulates any data it can for libertarian ideas. Please check your sources 
My story:
My wife is Canadian and I am American. We are deciding which
country to reside in, so we have talked to a Immigration tax accountant.
We actually we would pay less taxes in Canada (55,000us income+ investments) and get health care.
According to the immigration tax account this was normal.
In the US I paid $135 per month for health care and my employer paid the other half ($270 total). In Canada I would not have to pay this and
there would not be a co-pay at every health care visit (ussually 10 to 20 dollars). In my case health care services were much better in Canada then in America. |
|
| Back to top |
|
|
thepeel
Joined: 08 Aug 2004
|
| Posted: Wed Apr 18, 2007 6:53 pm Post subject: |
|
|
I personally know the economist who wrote the report. In fact, I think I know almost all the economists at the FI. I subscribe to their newsletters. I attend their conferences.
Most economists there are of the limited government type. Does this mean that they lie?
But every discussion must be Canada vs America eh? Pathetic.
But the real joke, you douche, is that you listed a "blogspot" site after telling me to "check my sources". |
|
| Back to top |
|
|
thepeel
Joined: 08 Aug 2004
|
| Posted: Wed Apr 18, 2007 7:01 pm Post subject: |
|
|
| Wait. Are you saying that Canadians DON'T pay that much in taxes? Are you saying it is less that the FI says it is? Are you saying that the FI increased the amount paid? |
|
| Back to top |
|
|
No_hite_pls
Joined: 05 Mar 2007
Location: Don't hate me because I'm right
|
| Posted: Wed Apr 18, 2007 7:43 pm Post subject: |
|
|
| Quote: |
| But every discussion must be Canada vs America eh? Pathetic. |
For me it is a Canada vs US thing because my wife is
Canadian and I am American. I said it was my story.
We are teachers in Korea (which we now know you are not) and deciding
where to reside in the future. There is a popular belief
in the US is that Canadians pay so much more in taxes.
So we went to an immigration tax account and told us
that (property and income) taxes are usually lower in Canada for his clients.
He did not take into account the higher sales tax in Canada.
$63,001 in 2006 and paid taxes equaling $28,311 or 45%
if this is true this tax rate is too high
In the future, don�t use name calling like �Douche�.
It makes you seem like an insensitive right-winger. |
|
| Back to top |
|
|
thepeel
Joined: 08 Aug 2004
|
| Posted: Wed Apr 18, 2007 7:50 pm Post subject: |
|
|
I kinda am an insensitive right-winger, actually. More insensitive than 'right', but I'm not going to split hairs.
| Quote: |
| This is right wing organization and by no means an Institute) that manipulates any data it can for libertarian ideas. Please check your sources Rolling Eyes |
And then you offer blogspot. Nice dude. You don't know the first thing about it. |
|
| Back to top |
|
|
willneverteachagain
Joined: 17 Dec 2006
|
| Posted: Wed Apr 18, 2007 7:51 pm Post subject: |
|
|
the government doesnt care and this wont change ever.
if it does change they can start by not taxing people who die.
what asshole came up with this? |
|
| Back to top |
|
|
No_hite_pls
Joined: 05 Mar 2007
Location: Don't hate me because I'm right
|
| Posted: Wed Apr 18, 2007 8:13 pm Post subject: |
|
|
The Fraser Institute�s is a Liberation organization with an agenda to make anything the government does look bad!
Like regulating the environment, Canadian health care, schools.....
Last edited by No_hite_pls on Wed Apr 18, 2007 8:15 pm; edited 1 time in total |
|
| Back to top |
|
|
thepeel
Joined: 08 Aug 2004
|
| Posted: Wed Apr 18, 2007 8:14 pm Post subject: |
|
|
| No_hite_pls wrote: |
The Fraser Institute�s is a Liberation right wing organization with an agenda to make anything the government does look bad!
Like regulating the environment, Canadian health care, schools..... |
Almost everything the government does is bad. |
|
| Back to top |
|
|
khyber
Joined: 16 Jan 2003
Location: Compunction Junction
|
| Posted: Wed Apr 18, 2007 9:54 pm Post subject: |
|
|
I agree that Canadians pay too much in tax. I would have thought canadians would get more bang for their buck.
But I have to wonder what constitutes "tax" in their use of that word? Are they including EVERY TYPE of tax that affect consumers? Land/sales/fuel tax? I can't (for some reason) read pdf files on my computer...could you clarify that for me?
*One problem I have with the FI was when looking through the "Environment & Risks" section is that they refuse to believe there are ANY problems and that anything that has been addressed as a concern is either dismissed OR explained away.
COULD this mean that it is ACTUALLY a non issue? I don't hink that the FI has the objective credibility to allow policy makers to rely so heavily on their opinions. |
|
| Back to top |
|
|
jinju
Joined: 22 Jan 2006
|
| Posted: Wed Apr 18, 2007 10:20 pm Post subject: |
|
|
| taxes are not only a scam, taxes are robbery. And taxes at this level are criminal. All it shows is that the government does such a pisspoor job with OUR money that it needs to take more and more. There isnt a way in hell they should be taking 45% of people's money. Taxes are one of the reasons why I refuse to ever return to canada. The services we get in return for having our money stolen from us are not good enough to justify this level of taxation. |
|
| Back to top |
|
|
thepeel
Joined: 08 Aug 2004
|
| Posted: Wed Apr 18, 2007 10:51 pm Post subject: |
|
|
The statement that taxes are robbery is so true yet so ignored that the ignoring of it can only be the product of relentless propaganda.
45% of my labour is stolen by a gang of thugs who use it to buy off the electorate in an attempt to maintain their jobs. |
|
| Back to top |
|
|
willneverteachagain
Joined: 17 Dec 2006
|
| Posted: Wed Apr 18, 2007 10:52 pm Post subject: |
|
|
| it's interesting u started this today because on the edmonton evening news, they just said that the city wants to do a new tax on people selling houses. I want to write city hall about this but all i can come up with is dear mayor, are u out of ur fucking mind? |
|
| Back to top |
|
|
|
FAQ
Search
Memberlist
Usergroups
Register
Profile
Log in to check your private messages
Log in
