http://www.cra-arc.gc.ca/tax/individual ... tes-e.htmlKeffria wrote:EVERYTHING, GODDAMMITDr Legostar wrote:wooo.. how much do they take for taxes in canada anyway?Killbert-Robby wrote:Its ok, eventually you'll be able to thank them for all this by tossing them your tax dollars!
But seriously, anywhere from about 0 to 30 per cent of your taxable income, depending on how rich a bastard you are, whether you're in school, etc. Also, there's the 13 per cent you pay in sales taxes. \o/
Federal tax rates for 2008 are:
* 15% on the first $37,885 of taxable income, +
* 22% on the next $37,884 of taxable income (on the portion of taxable income between $37,885 and $75,769), +
* 26% on the next $47,415 of taxable income (on the portion of taxable income between $75,769 and $123,184), +
* 29% of taxable income over $123,184.
Plus:
Ontario 6.05% on the first $36,020 of taxable income, +
9.15% on the next $36,021, +
11.16% on the amount over $72,041
AND:
5% GST (all provinces)
and
8% PST (Ontario, provinces differ, 0% in Alberta to 10.5% in PEI)