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Strategies & Market Trends : ahhaha's ahs

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To: GraceZ who wrote (356)10/22/2000 3:13:45 AM
From: JayPCRead Replies (1) of 24758
 
My taxes include:
Federal
17% on the first $29590
26% on the next $29590
29% over and above $59180

1.5% Federal Surtax
5% Temporary (ya right) debt reduction surtax for incomes greater than $59180

Provincial Tax
44% of total federal tax paid
8% Alberta Surtax (on the 44% total) for incomes greater than $59180
.5% Flat rate tax based on taxable income.

7% Goods and Services tax (GST- National tax) for me, ~$4000 a year.

Property tax works out to about 2400/yr.

Thank God Alberta has no provincial sales tax.

The fall election will change these numbers (for the better). How much depends on who wins.... Come on flat tax!

Regards
Jay

PS. I've also had a couple of parking tickets, but I didn't realize I was being taxed so I didn't include them.
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