|
|
|
Donald or Kamala?
- Thread starter Mad Mike
- Start date
You seem to have a fundamental misunderstanding of a relatively straightforward topic.
As for the electoral college system I’m far from the only person to criticize what is in essence an outdated system that was good for what it was designed for years ago much like a few amendments in the US constitution. Lots of systems have their failings but I don’t know that this one has pros that outweigh the cons.
As for the electoral college system I’m far from the only person to criticize what is in essence an outdated system that was good for what it was designed for years ago much like a few amendments in the US constitution. Lots of systems have their failings but I don’t know that this one has pros that outweigh the cons.
Shaman
Well-known member
Found the socialist!
Brother/Sister ... 10% of Canada's workforce pay over 50% of the taxes. What's a fair share?
"Hoard?"
This is where the delusion starts. Nobody is hiding billions of dollars under a mattress. They're investing it in the stock market and in venture capital, which drive innovation, jobs and commerce.
Demand better. But demanding better from your government is a way to start, since they like inflation. Inflation is an unseen, invisible tax on the populace.
Except they pay 50% of all taxes in Canada. Most of them approach 50% of their income in direct taxes and considerably more in overall taxation.
It could be worse. You could be in a socialist country where a single bottle of wine in the park is considered a luxury (that's be the Nordic countries). You don't know of whereof you speak.
And yet, this generates a huge amount of jobs and drives entire industries. You simply misunderstand what the stock market *IS*.
And that is true, at least to a point. Growth is necessary from a business standpoint (though it's not always achievable), but from an economic standpoint it's a bad point to work from.
Shaman
Well-known member
Because it has a massive amount of taxation. Why would you invest in Canada right now? You realise that something like 95% of business ventures don't succeed? Clearly you have never been in business for yourself.
That sounds high. A couple quick google shows it to be a little less than half that number.
Now I'm suspect of your other figures.
Better yet he just picked jfk Jr for Health secretary. You can't make this stuff up.
Salary Calculator Canada - Salary After Tax
Use our Canada Salary Calculator to find out your take-home pay and how much tax (federal tax, provincial tax, CPP/QPP, EI premiums, QPIP) you owe.
salaryaftertax.com
It could have been the Mypillow guy. Take wins where you can.
Shaman
Well-known member
Your goog is wrong. That's a generally accepted number.
Posthaste: Canada’s top 10% of earners pay 54% of taxes — but here’s the kicker, many are just middle-class
Stuff you need to know
financialpost.com
The top 1% are not there because of salary. I would hazard a guess that for the vast majority of them, salary is a small percentage of total income.Salary Calculator Canada - Salary After Tax
Use our Canada Salary Calculator to find out your take-home pay and how much tax (federal tax, provincial tax, CPP/QPP, EI premiums, QPIP) you owe.
Not sure where you're going with that. But this is one of two that refute his number.Salary Calculator Canada - Salary After Tax
Use our Canada Salary Calculator to find out your take-home pay and how much tax (federal tax, provincial tax, CPP/QPP, EI premiums, QPIP) you owe.
High income tax filers in Canada
This table presents income shares, thresholds, tax shares, and total counts of individual Canadian tax filers, with a focus on high income individuals (95% income threshold, 99% threshold, etc.). Income thresholds are based on national threshold values, regardless of selected geography; for...
Whose wrong?? You say the top 1% pays 50% and show me a link to the top 10% paying 54%.Your goog is wrong. That's a generally accepted number.
Posthaste: Canada’s top 10% of earners pay 54% of taxes — but here’s the kicker, many are just middle-class
Stuff you need to know
Maybe try again. (you know with less hyperbole maybe)
Yes he says 10% in the post and then says 50% is paid by the 1% @bitzz quotes. Then calls me out go figure.
The threshold for 1%er is about 280K.. the average is $550K or so... 63% comes from salary/wages.
You say that like it's a bad thing.
Anyway, Not even close.
I am a Anarchist. That was brought up on a steady diet of Frank Zappa. That's even SCARIER.
Last edited:
Take a look at Tim's chart in post#671.
There is a big difference here everyone is looking at the top 1% of income not the top 1% or wealth there is a very big difference.
Sent from my Pixel 5 using Tapatalk
Mad Mike
Well-known member
I have a tiny bit of experience in this area, that’s why i asked you to explain what’s wrong with the electoral college… I’ll ask again what part of that is hard to understand?
|
|
|
|
|