Picking up on Baz's thread on Rob Ford, the tax situation in Ontario is just getting stupid.
Income tax - 48% on all income above ~$85k, 1/3 (33%) on any other material income
Property tax - Significant amount of your after-tax dollars - A tax on the tax as you don't get to deduct this or other consumption taxes.
HST - Significant tax on almost all consumption including major purchases like cars - 13%. Again a tax on the tax as you don't get to deduct this or other consumption taxes if you are a person (not a corporation).
Gas Tax - I beleive that over 50% of our fuel price is related to tax
Airport Tax - Recently purchased plane tickets to Europe - $350 (fare) + 550 tax (no joke). As a comparison, you could fly from Buffalo to almost anywhere in the states for $200 to $300 all in.
Other - Licenses, health cards, annual health care levy, water fees, other engery fees, permit fees, etc.
Then they now want an additional levy for public transportation of $500 per year - WTF
We have to stand up. This is ridiculous. Where is all the money going + we have huge deficits to finance additional spending.
Income tax - 48% on all income above ~$85k, 1/3 (33%) on any other material income
Property tax - Significant amount of your after-tax dollars - A tax on the tax as you don't get to deduct this or other consumption taxes.
HST - Significant tax on almost all consumption including major purchases like cars - 13%. Again a tax on the tax as you don't get to deduct this or other consumption taxes if you are a person (not a corporation).
Gas Tax - I beleive that over 50% of our fuel price is related to tax
Airport Tax - Recently purchased plane tickets to Europe - $350 (fare) + 550 tax (no joke). As a comparison, you could fly from Buffalo to almost anywhere in the states for $200 to $300 all in.
Other - Licenses, health cards, annual health care levy, water fees, other engery fees, permit fees, etc.
Then they now want an additional levy for public transportation of $500 per year - WTF
We have to stand up. This is ridiculous. Where is all the money going + we have huge deficits to finance additional spending.