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Gold/Mining/Energy : International Precious Metals (IPMCF)

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To: Larry Brubaker who wrote (33989)9/3/1998 9:24:00 AM
From: Bill Jackson  Read Replies (1) of 35569
 
Larry, Of course I know about marginal tax rates. Compare the top US rate with the top Canadian rate. If you want more details, ask, and i will hunt them up. Recall the 15% taxes we pay here on sales on top of similar duties, recall our milk, egg and poultry marketing boards, recall our state barriers to employment and trade, recall the higher levels of realty taxes(in Toronto, 1.25% on houses, 4% on apartments, 7% on stores and 11% on industry, all based on the real sale value of the property) in addition to income taxes on profits. Look at california, 1.25% prop 13, works fine. user pay for services.
No-one living in Canada would ever say that.
Look at our dollar, sunk to 65 cents due to bad government. In effect in Canada we live at 65% of the US level of consumption.

Bill

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