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| *The Commerce Journal>>>Canada Taxes |
Canadian Tax Rate?!? |
When my dad lived in Ottawa about 20 years ago, he was paying around 35% of his income as tax. Of late he has been thinking of moving back to Canada from the US, but a Canadian friend told him that he is paying nearly 60% of his income as tax!!! Is this accurate - it seems outrageous! I can't fathom anyone doling out their hard earned salary just to give more than half of it away! That number is still wrong. If he wants an estimate that includes all forms of tax, then he can use this calculator: |
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