REVscene - Vancouver Automotive Forum


Welcome to the REVscene Automotive Forum forums.

Registration is Free!You are currently viewing our boards as a guest which gives you limited access to view most discussions and access our other features. By joining our free community you will have access to post topics, communicate privately with other members (PM), respond to polls, upload content and access many other special features. Registration is fast, simple and absolutely free so please, join our community today! The banners on the left side and below do not show for registered users!

If you have any problems with the registration process or your account login, please contact contact us.


Go Back   REVscene Automotive Forum > Automotive Chat > Vancouver Off-Topic / Current Events

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.

Reply
 
Thread Tools
Old 05-12-2012, 10:01 PM   #1
I only answer to my username, my real name is Irrelevant!
 
StylinRed's Avatar
 
Join Date: Oct 2002
Location: CELICAland
Posts: 25,184
Thanked 10,191 Times in 3,797 Posts
Fair Taxation

just saw this on news1130


Quote:
Tax us more, say group of doctors
Doctors for Fair Taxation say high-income earners have to pay their fair share
Rene Bernard May 12, 2012 20:19:38 PM

VANCOUVER (NEWS1130) - I want more taxes! That's a phrase we don't hear often.

But that's what a group of doctors is calling for. Doctors for Fair Taxation says high-income earners, such as themselves, have to pay their fair share.

Vanessa Brcic, a family doctor and researcher at UBC, is one of about 200 doctors who have signed on. She points out physicians are in a unique position to see tax dollars at work.

"It's not hard to see in our patient interactions the kind of ways a well-funded system can help," she explains. "Inequality in Canada has been rising since 1980."

She says there's misconception that tax dollars are misspent when we see long surgery wait-times.

"The reality is, is that it's because the systems are starved, it's not because the systems are incapable," she insists.

She believes political parties and organizations that take great pains to oppose increases in taxes are doing a disservice.

"It's a bit of a sneaky tactic to try to undermine these systems. The more you undermine these systems, the more you open the door to private health care."

She says research shows levelling out income levels across a nation produces better health for everyone.

The doctors may be on to something. The movement has spawned Lawyers for Fair Taxation and also Clergy for Fair Taxation.
`
Advertisement
StylinRed is offline   Reply With Quote
This post thanked by:
Old 05-12-2012, 10:40 PM   #2
RS.net, where our google ads make absolutely no sense!
 
fobulaus's Avatar
 
Join Date: Nov 2004
Location: burnaby
Posts: 926
Thanked 101 Times in 32 Posts
Honestly, I would much rather see these people pool money together to start some medical research fund.. The government is useless with our money anyway..
fobulaus is offline   Reply With Quote
Old 05-12-2012, 10:53 PM   #3
In RS I Trust
 
murd0c's Avatar
 
Join Date: Mar 2003
Location: Mission
Posts: 20,159
Thanked 17,246 Times in 4,106 Posts
I will believe it when I see it....
murd0c is offline   Reply With Quote
Old 05-12-2012, 11:09 PM   #4
I contribute to threads in the offtopic forum
 
Join Date: Mar 2010
Location: richmond
Posts: 2,513
Thanked 1,352 Times in 445 Posts
The onion?
vafanculo is offline   Reply With Quote
This post thanked by:
Old 05-13-2012, 12:42 AM   #5
I contribute to threads in the offtopic forum
 
snowball's Avatar
 
Join Date: Jan 2005
Location: North Vancouver
Posts: 2,643
Thanked 1,478 Times in 469 Posts
Quote:
"It's a bit of a sneaky tactic to try to undermine these systems. The more you undermine these systems, the more you open the door to private health care."
similar to starving the beast, depends on how much you believe in conspiracies, deliberately underfunding healthcare and education to destroy public confidence in public systems and opening the door for citizen backed privatization of everything, who else would be most happy to see that than the provincial liberals and federal conservatives
snowball is offline   Reply With Quote
This post thanked by:
Old 05-13-2012, 12:54 AM   #6
DOES HE LOOK LIKE A BITCH?
 
Culture_Vulture's Avatar
 
Join Date: Feb 2007
Location: Vancouver
Posts: 11,037
Thanked 2,571 Times in 689 Posts
Quote:
Originally Posted by fobulaus View Post
Honestly, I would much rather see these people pool money together to start some medical research fund.. The government is useless with our money anyway..

the last thing I'd want to see is public services getting any more bureaucratic than they already are
Culture_Vulture is offline   Reply With Quote
Old 05-13-2012, 05:00 AM   #7
Even when im right, revscene.net is still right!
 
Gnomes's Avatar
 
Join Date: Dec 2008
Location: Richmond
Posts: 1,359
Thanked 659 Times in 201 Posts
Quote:
Originally Posted by fobulaus View Post
Honestly, I would much rather see these people pool money together to start some medical research fund.. The government is useless with our money anyway..
Although very good point, the pharmaceutical companies will just cock-block any super miracle drug that gets discovered in the end.
__________________
Quote:
Originally Posted by JSALES View Post
While driving yesterday I saw a banana peel in the road and instinctively swerved to avoid it...thanks Mario Kart.
Gnomes is offline   Reply With Quote
Old 05-13-2012, 08:13 AM   #8
My homepage has been set to RS
 
drunkrussian's Avatar
 
Join Date: Dec 2008
Location: Vancouver
Posts: 2,308
Thanked 825 Times in 341 Posts
makes me happy to see things like this
drunkrussian is offline   Reply With Quote
Old 05-13-2012, 09:01 AM   #9
My AFC gave me an ABS CEL code of LOL while at WOT!
 
bing's Avatar
 
Join Date: Dec 2003
Location: vancouver, B.C.
Posts: 1,843
Thanked 563 Times in 229 Posts
High income earners already pay ~50% tax bracket, what does higher mean? 55%? 60%? They can always donate the money personally if they feel they earn too much.
__________________

Cars:
02' Lexus IS300 5spd
07' BMW 323iA
05' BMW Z4 5spd
06' BMW 330i 6spd
10' Audi A4 quattro
08' BMW M3 6spd
15' Kawasaki Ninja300
08' Yamaha R6
10' Honda Ridgeline
17' Audi Q5
16' BMW X5D

bing is offline   Reply With Quote
This post thanked by:
Old 05-13-2012, 01:21 PM   #10
Banned By Establishment
 
Join Date: Mar 2006
Location: Richmond
Posts: 12,484
Thanked 2,090 Times in 773 Posts
Quote:
Originally Posted by bing View Post
High income earners already pay ~50% tax bracket, what does higher mean? 55%? 60%? They can always donate the money personally if they feel they earn too much.
5.06% on the first $37,013 of taxable income, +
7.7% on the next $37,015, +
10.5% on the next $10,965, +
12.29% on the next $18,212, +
14.7% on the amount over $103,205

Federal

15% on the first $42,707 of taxable income, +
22% on the next $42,707 of taxable income (on the portion of taxable income over $42,707 up to $85,414), +
26% on the next $46,992 of taxable income (on the portion of taxable income over $85,414 up to $132,406), +
29% of taxable income over $132,406.
Meowjin is offline   Reply With Quote
This post thanked by:
Old 05-13-2012, 03:25 PM   #11
RS controls my life!
 
jackal's Avatar
 
Join Date: Oct 2005
Location: Burnaby
Posts: 750
Thanked 308 Times in 88 Posts
here is what i don't get. if these people want more taxes why not just cut a check to the gov... and leave every one else alone
jackal is offline   Reply With Quote
This post thanked by:
This post FAILED by:
Old 05-13-2012, 05:39 PM   #12
Rs has made me the woman i am today!
 
Join Date: Oct 2004
Location: Richmond
Posts: 4,457
Thanked 2,259 Times in 439 Posts
Are you fucking serious? "high-income earners, such as themselves, have to pay their fair share."

Why the fuck should high income earners get taxed even more? (especially in Canada)
They already get taxed ~43 fucking percent. How much more do people want?

This is the biggest bullshit I have ever heard.
Everyone in my family who is in the highest tax bracket today worked their asses off to get where they are and as a result, they pay 43% of their hard earned money to the government so the government can spend it like fcuking idiots.

This doesn't make any sense to me. Doctors worked their asses off to get where they are and these ones think they aren't taxed enough? That is the craziest thing I have ever heard. They deserve the money they make. I really want to know why these doctors think they should be taxed more.

On another note, it blows my mind how people who make less money than other people think it's "fair" to tax people who make more money more. How about you get off your ass and work harder or go to school to find a better fucking job.
And don't even get me started on the able bodied people on welfare...

Fuck the lower income earners who believe people that make more money should be taxed more. 43% is more than fair. Fuck, this got me angry. Sorry for the profanity and rant.

Last edited by TheKingdom2000; 05-13-2012 at 05:45 PM.
TheKingdom2000 is offline   Reply With Quote
Old 05-13-2012, 06:31 PM   #13
I only answer to my username, my real name is Irrelevant!
 
StylinRed's Avatar
 
Join Date: Oct 2002
Location: CELICAland
Posts: 25,184
Thanked 10,191 Times in 3,797 Posts
Quote:
Originally Posted by mx703 View Post
I really want to know why these doctors think they should be taxed more.
its for the greater good of the national community. if me being taxed more means those who need it are able to continue getting healthcare treatment/ legal aid/ etc then so be it

some people are selfish some are generous and others lay in between its not surprising that these doctors are generous

their real point here is to point out that they feel the govt is sabotaging health care
StylinRed is offline   Reply With Quote
This post thanked by:
Old 05-13-2012, 06:33 PM   #14
This title intentionally left blank MOD
 
Alatar's Avatar
 
Join Date: Jan 2003
Location: Above Sea Level
Posts: 8,549
Thanked 484 Times in 211 Posts
Quote:
Originally Posted by mx703 View Post
Are you fucking serious? "high-income earners, such as themselves, have to pay their fair share."

Why the fuck should high income earners get taxed even more? (especially in Canada)
They already get taxed ~43 fucking percent. How much more do people want?

This is the biggest bullshit I have ever heard.
Everyone in my family who is in the highest tax bracket today worked their asses off to get where they are and as a result, they pay 43% of their hard earned money to the government so the government can spend it like fcuking idiots.

This doesn't make any sense to me. Doctors worked their asses off to get where they are and these ones think they aren't taxed enough? That is the craziest thing I have ever heard. They deserve the money they make. I really want to know why these doctors think they should be taxed more.

On another note, it blows my mind how people who make less money than other people think it's "fair" to tax people who make more money more. How about you get off your ass and work harder or go to school to find a better fucking job.
And don't even get me started on the able bodied people on welfare...

Fuck the lower income earners who believe people that make more money should be taxed more. 43% is more than fair. Fuck, this got me angry. Sorry for the profanity and rant.
Actually, you're basically paying 30% of your income towards taxes if you're over the magic marker of 132,xxx yearly income. Not 43%. And I hope you're not factoring in CPP/EI in your "taxed income" to get to that figure.
__________________
Classifieds Head Moderator
Automotive Service Technician

I don't have an anger problem. I have an idiot problem.
Alatar is offline   Reply With Quote
Old 05-13-2012, 06:39 PM   #15
Wunder? Wonder?? Wander???
 
Join Date: Aug 2011
Location: coquitlam
Posts: 228
Thanked 75 Times in 35 Posts
flat tax rate is what I'd prefer.

I don't think its a tax problem. Its just the stupid ways these guys spend it.
Pooface55 is offline   Reply With Quote
Old 05-13-2012, 07:11 PM   #16
Rs has made me the woman i am today!
 
Hehe's Avatar
 
Join Date: Dec 2002
Location: YVR/TPE
Posts: 4,125
Thanked 2,369 Times in 969 Posts
IMHO, our tax system is so inefficient and complicated that we created more loophole than the system intended to do.

My parents clears 7 figures a year and they have the luxury of hiring accountants and lawyers to set up a sophisticated but yet legal (albeit not exactly morally-accepted by the public) structure to reduce their taxes to the bare legally required level.

This is the part where I think the problem is with the riches. They have the resource to obtain help to make their tax structure so efficient that they are essentially paying less taxes than the rest and hence giving them an unfair advantage.

If we were really to address this problem, we should simplify our tax rules or at least design frameworks so that everyone has access to the same tax optimization.
__________________
Nothing for now
Hehe is online now   Reply With Quote
This post thanked by:
Old 05-13-2012, 07:17 PM   #17
RS.net, where our google ads make absolutely no sense!
 
fobulaus's Avatar
 
Join Date: Nov 2004
Location: burnaby
Posts: 926
Thanked 101 Times in 32 Posts
Quote:
Originally Posted by Alatar View Post
Actually, you're basically paying 30% of your income towards taxes if you're over the magic marker of 132,xxx yearly income. Not 43%. And I hope you're not factoring in CPP/EI in your "taxed income" to get to that figure.
Hmm??

Provincial:
14.7% on the amount over $103,205

Federal:
29% of taxable income over $132,406.

If you are way above 132,xxx, your tax rate will be very close to 43%...
fobulaus is offline   Reply With Quote
Old 05-13-2012, 07:21 PM   #18
Rs has made me the woman i am today!
 
Join Date: Oct 2004
Location: Richmond
Posts: 4,457
Thanked 2,259 Times in 439 Posts
Quote:
Originally Posted by Alatar View Post
Actually, you're basically paying 30% of your income towards taxes if you're over the magic marker of 132,xxx yearly income. Not 43%. And I hope you're not factoring in CPP/EI in your "taxed income" to get to that figure.
I should clarify. The marginal tax rate in BC at the highest tax bracket is 43%.
Depending on your actual income, your average tax will vary.

$100k = ~25% average tax
$150k = ~30%
$200k = ~34%
$250k = ~36%
(In BC)

The more you make, the higher the average tax gets, obviously.
Regardless, at the highest tax bracket your marginal tax rate will be about 43%

But, you are right. I made it seem like the overall income taxed was 43% at the highest tax bracket. My bad.
TheKingdom2000 is offline   Reply With Quote
Old 05-13-2012, 07:34 PM   #19
Rs has made me the woman i am today!
 
Join Date: Oct 2004
Location: Richmond
Posts: 4,457
Thanked 2,259 Times in 439 Posts
Quote:
Originally Posted by Hehe View Post
IMHO, our tax system is so inefficient and complicated that we created more loophole than the system intended to do.

My parents clears 7 figures a year and they have the luxury of hiring accountants and lawyers to set up a sophisticated but yet legal (albeit not exactly morally-accepted by the public) structure to reduce their taxes to the bare legally required level.

This is the part where I think the problem is with the riches. They have the resource to obtain help to make their tax structure so efficient that they are essentially paying less taxes than the rest and hence giving them an unfair advantage.

If we were really to address this problem, we should simplify our tax rules or at least design frameworks so that everyone has access to the same tax optimization.
I completely disagree.

I don't know your parents, but based on their seven figure income I assume they are entrepreneurs? ie. they own their own business?
Now, when you own your own business there are special tax breaks you get. There are also many other ways to avoid taxes or pay less. ie. set up a trust.

Now you say they are going through loop holes and are finding ways to save tax. They are not. They are simply taking advantage of the opportunity that the government has provided them.

This is another problem with society. Society feels entrepreneurs should get taxed the most. Now this is where I disagree.
What a lot of people do not understand is the hardship, hours, and stress associated with becoming an entrepreneur.
Do people think it is easy to become one? If it was, there would be a lot more.

The fact is becoming an entrepreneur the odds are stacked WAY against you. There is so much risk and the probability of success is grim. Now ask anyone who started their own business? It is not uncommon for them to work LONG hours, pay themselves NOTHING, and they have the constant stress of bills, and they barely make ends meat. They will probably run at a loss for the first couple years before they start making any money.
Now, the ones that do not go broke or insane from this make some money. And some make more money.

Why is it fair that the people that had to go through all this hardship have to pay more tax? They are taking all the risk and are providing jobs and services for public as well as stimulating the economy. And the guy who works for parks and recreation BC gets paid $70k a year, barely works, dropped out of high school, and has literally no stress (ie. just cutting grass essentially and yes I know a guy in this exact situation) and then complains about entrepreneurs getting tax breaks?

Fuck them. They don't know the first thing about hard work or stress.

Last edited by TheKingdom2000; 05-13-2012 at 07:39 PM.
TheKingdom2000 is offline   Reply With Quote
This post thanked by:
Old 05-13-2012, 07:43 PM   #20
Rs has made me the woman i am today!
 
Join Date: Oct 2004
Location: Richmond
Posts: 4,457
Thanked 2,259 Times in 439 Posts
Joe Rogan says it the best
TheKingdom2000 is offline   Reply With Quote
Old 05-13-2012, 08:01 PM   #21
My homepage has been set to RS
 
satek's Avatar
 
Join Date: Aug 2008
Location: Vancouver
Posts: 2,194
Thanked 678 Times in 165 Posts
maybe have an optional box you can check off on your tax form if you want to be taxed more. Rather than forcing everybody from that tax bracket to pay more.
__________________
95 325IS - alt dd
93 Legacy - winter beater
93 Loyale - sold
92 240sx - dd/project car
88 CRX - sold
98 DC2 - sold

Renting out pbm fender roller - pm for details.
satek is offline   Reply With Quote
Old 05-13-2012, 08:47 PM   #22
This title intentionally left blank MOD
 
Alatar's Avatar
 
Join Date: Jan 2003
Location: Above Sea Level
Posts: 8,549
Thanked 484 Times in 211 Posts
Quote:
Originally Posted by fobulaus View Post
Hmm??

Provincial:
14.7% on the amount over $103,205

Federal:
29% of taxable income over $132,406.

If you are way above 132,xxx, your tax rate will be very close to 43%...
5.06% on the first $37,013 of taxable income, +
7.7% on the next $37,015, +
10.5% on the next $10,965, +
12.29% on the next $18,212, +
14.7% on the amount over $103,205

Federal

15% on the first $42,707 of taxable income, +
22% on the next $42,707 of taxable income (on the portion of taxable income over $42,707 up to $85,414), +
26% on the next $46,992 of taxable income (on the portion of taxable income over $85,414 up to $132,406), +
29% of taxable income over $132,406.

The tax rate bumps up for income over that mark, it doesn't bump up for the ENTIRE amount of your income, only the portions where your income is in the next bracket. So your base taxable income if you're at, say, $37,000/yr would be 22.7% of your total income. The next 20,000 you make, would be that base 22.7% + another 7-14ish% (so ~30-34%) on only that 20,000.

It's a bit confusing, but it's not like being taxed on something when you exceed your exemption limit at the border where they just tax you the full rate on EVERYTHING you brought over instead of just the $200 you exceeded your $400 48hr limit.
__________________
Classifieds Head Moderator
Automotive Service Technician

I don't have an anger problem. I have an idiot problem.
Alatar is offline   Reply With Quote
Old 05-13-2012, 09:30 PM   #23
Rs has made me the woman i am today!
 
Join Date: Oct 2004
Location: Richmond
Posts: 4,457
Thanked 2,259 Times in 439 Posts
Quote:
Originally Posted by satek View Post
maybe have an optional box you can check off on your tax form if you want to be taxed more. Rather than forcing everybody from that tax bracket to pay more.
This is a legitimate idea. What would make it even better is if you could choose where the extra-taxed money would go.
TheKingdom2000 is offline   Reply With Quote
This post thanked by:
Old 05-13-2012, 09:34 PM   #24
RS.net, where our google ads make absolutely no sense!
 
fobulaus's Avatar
 
Join Date: Nov 2004
Location: burnaby
Posts: 926
Thanked 101 Times in 32 Posts
Quote:
Originally Posted by Alatar View Post
5.06% on the first $37,013 of taxable income, +
7.7% on the next $37,015, +
10.5% on the next $10,965, +
12.29% on the next $18,212, +
14.7% on the amount over $103,205

Federal

15% on the first $42,707 of taxable income, +
22% on the next $42,707 of taxable income (on the portion of taxable income over $42,707 up to $85,414), +
26% on the next $46,992 of taxable income (on the portion of taxable income over $85,414 up to $132,406), +
29% of taxable income over $132,406.

The tax rate bumps up for income over that mark, it doesn't bump up for the ENTIRE amount of your income, only the portions where your income is in the next bracket. So your base taxable income if you're at, say, $37,000/yr would be 22.7% of your total income. The next 20,000 you make, would be that base 22.7% + another 7-14ish% (so ~30-34%) on only that 20,000.

It's a bit confusing, but it's not like being taxed on something when you exceed your exemption limit at the border where they just tax you the full rate on EVERYTHING you brought over instead of just the $200 you exceeded your $400 48hr limit.
I completely absolutely understanding what you're saying... Notice i said if you're way above 132,xxx, your tax rate will be very close to 43%...
For example, if your annual income is 500K... Your effective tax rate will be over 40% for sure (you can check the math yourself).

Quote:
Originally Posted by Alatar View Post
Actually, you're basically paying 30% of your income towards taxes if you're over the magic marker of 132,xxx yearly income. Not 43%. And I hope you're not factoring in CPP/EI in your "taxed income" to get to that figure.
That's what I don't think this is quite accurate for high income individuals (i.e. doctors)
fobulaus is offline   Reply With Quote
Old 05-13-2012, 10:07 PM   #25
This title intentionally left blank MOD
 
Alatar's Avatar
 
Join Date: Jan 2003
Location: Above Sea Level
Posts: 8,549
Thanked 484 Times in 211 Posts
If you're at 500k+, sure, odds are you're also likely a "business" owner whether it's your own doctor's office/clinic, dental office/clinic, stake in a company, etc. and you're writing a LOT of stuff off when you do your taxes.

Still think you're paying $200k in taxes? Or are you paying maybe $100k in taxes and writing off the rest towards the lease, your transportation, items you may need for said business, etc.

The conversation of "taxes" and "higher" or "lower" can be addressed in too many different ways with too many different ins and outs that change the entire playing field completely. Probably a mistake that I even bothered joining in the discussion.
__________________
Classifieds Head Moderator
Automotive Service Technician

I don't have an anger problem. I have an idiot problem.
Alatar is offline   Reply With Quote
Reply

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off



All times are GMT -8. The time now is 12:57 PM.


Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2022, vBulletin Solutions Inc.
SEO by vBSEO ©2011, Crawlability, Inc.
Revscene.net cannot be held accountable for the actions of its members nor does the opinions of the members represent that of Revscene.net