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To: bentway who wrote (260095)7/12/2010 11:29:07 AM
From: Les HRead Replies (2) | Respond to of 306849
 
It doesn't. You could almost balance the budget on the tax credits, deductions, and special tax rates that have lowered the average effective income tax rates to 12%. If they tax total compensation including fringe benefits, the effective income tax rate is closer to 7 percent.



To: bentway who wrote (260095)7/12/2010 1:37:01 PM
From: Cogito Ergo SumRead Replies (1) | Respond to of 306849
 
Funny I (a Canuck) wrestle with this one as I age, need to put my smart kids through good universities etc.. and hence find myself more and more fiscally conservative.. It's How the taxes are used that seems to be the real problem.. government productivity is abysmal.. on both sides of the 49th.. Us Canucks are just more acquiescent regards taxes... If a government truly delivered value.. the bitching would be of no consequence.. Maybe that's how it works in Bizarro World.. :o)