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Vancouver Off-Topic / Current Events The off-topic forum for Vancouver, funnies, non-auto centered discussions, WORK SAFE. While the rules are more relaxed here, there are still rules. Please refer to sticky thread in this forum.

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Old 09-13-2016, 05:53 AM   #76
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That only affects the portion of your pay that's in the next "bracket" though, it doesn't affect the "first" part of your earnings.

Canadian income tax rates for individuals - current and previous years



So if you make $45,282 and are paying 5%, then get a raise to $45,283, you're only paying 20.5% on that last $1, not the first $45,282 (that part stays at 5%).
You're forgetting provincial/territorial tax rates.

Alberta used to be one of the lowest provincial tax rates. Not anymore...
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Old 09-13-2016, 06:31 AM   #77
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How do you guys not know how income tax works? You guys never done your taxes yourself? Like even when you were just working at McD's you gave it to an accountant?
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Old 09-13-2016, 06:52 AM   #78
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Retirement and pension................ pensionable earnings, man.


Think ahead.
You really believe that by the time we retire the gov will actually take care of us? With the way how things are now it is highly unlikely. Is just money gov takes that we will never get to see or use.
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Old 09-13-2016, 08:15 AM   #79
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You really believe that by the time we retire the gov will actually take care of us? With the way how things are now it is highly unlikely. Is just money gov takes that we will never get to see or use.
Yep. Better work less so they can't take so much tax off my paycheque!
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Old 09-13-2016, 09:55 AM   #80
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Fuk proofreading, thought that's what are phone keyboards are for, ARE ARE ARE.
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Old 09-13-2016, 03:16 PM   #81
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You're forgetting provincial/territorial tax rates.

Alberta used to be one of the lowest provincial tax rates. Not anymore...
I didn't forget anything. You completely missed the point of my post, the way your provincial taxes are calculated is the exact same as your federal taxes (just with different numbers) so there was no point explaining it twice.
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Old 09-13-2016, 06:48 PM   #82
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You really believe that by the time we retire the gov will actually take care of us? With the way how things are now it is highly unlikely. Is just money gov takes that we will never get to see or use.
Yeah, you're right, but it sure as hell worked for me............ so thank you, young lads and laddies for cuntributing.........

On a side note, I retired early so a young person could take my job.

So, I did my part. Hee hee, hue hue, pew pew.
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