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Dec 25 2022 05:26pm
Quote (mki @ Dec 25 2022 06:15pm)
When the government sent out thousands of dollars in relief checks during the pandemic, you did set those checks on fire correct? Since you don't like "daddy government?"


when a thief returns your stolen funds why would any sane person set it on fire? if only they'd return everything else they stole
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Dec 25 2022 05:34pm
Quote (addone @ Dec 26 2022 07:17am)
It is theft. And the leftoids love it they want to get taxed to oblivion by daddy government. They desperately tried to get Trump for his tax returns and got nothing. They don't understand the Keynesian economics or anything important regarding money. They fall under spend good, deflation bad category


Keynesian economics are a huge scam, taxation is nothing compared to what you lose to that neo liberal bullshit.
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Dec 25 2022 05:34pm
Quote (duffman316 @ 25 Dec 2022 18:26)
when a thief returns your stolen funds why would any sane person set it on fire? if only they'd return everything else they stole


Do you legitimately think thieves return stolen money?

You people seem to be really confused about how basic things work, like theft...

I just wanted to say that this conversation is honestly completely disgusting.

You have trillions of dollars worth of infrastructure that was built for you to use FOR FREE, there's hundreds of government programs that you can use FOR FREE, and when you get old the government will send you checks for simply for being alive...

What you have suggested here in this thread is so disgustingly far from the truth that I wonder if you have any idea what is going on in the world AT ALL...

It completely boggles my mind how could do something like, have a job, and not be aware of the concept that you get value returned to you by paying taxes and that there are people working all day long to make the things you do possible.

I legitimately think you live in your parent's basement and sit in some online circle jerk chat all day while you completely disrespect the 100's of millions of people that worked their entire lives to make this country a better place.

It's disgusting and you need to stop...

This post was edited by mki on Dec 25 2022 05:36pm
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Dec 25 2022 05:39pm
I'll tell you that being taxed at 47% leaves me little incentive to do extra that's for sure.

I could absolutely contribute more because I have the capacity I just simply don't have the incentive. Even leaving it as a tax deferral in a corp to eventually be taxed at my marginal rate down the road leaves me minimal incentive.

In addition Canada's General Anti Avoidance Rules have really been bolstered through the year. Personal service businesses get slaughtered as does any passive income in a corp since its now taxed at the highest rate.

Canada's also got you by the short and curlies when it comes to trying so split off income TOSI has made it increasingly more difficult to allocate income to family members to try to have a reduced tax burden.


I live in a place where over 75% of homes are non privately owned social housing, over 76% of age smoking rate, 8x national average diabities rate and the vast majority of persons are on social welfare, all whole boasting the youngest mothers in the country. Oh yeah, sub 50% high school completion rate for males and 56% for females.

I don't have running water, we don't have any paved roads, and have zero public amenities.

I know exactly where my tax is going. It's so poorly managed. I'd have little issues with it if it was better managed but it's not. Just watching the provincial government disfunction here is enough to want to scream somedays.

This post was edited by SBD on Dec 25 2022 05:55pm
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Dec 25 2022 05:58pm
Quote (SBD @ 25 Dec 2022 18:39)
I'll tell you that being taxed at 47% leaves me little incentive to do extra that's for sure.


Pulls up a chair.

How do you have "47%" in taxes in Canada?

I have a the Canadian tax brackets open in another tab. Please explain yourself.
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Dec 25 2022 05:59pm
Quote (mki @ Dec 25 2022 04:58pm)
Pulls up a chair.

How do you have "47%" in taxes in Canada?

I have a the Canadian tax brackets open in another tab. Please explain yourself.


Nunavut's top marginal rate plus 2% Nunavut payroll tax.

The 2% won't be found in your typical EY or tax tips tables. It's an additional specific tax outside federal and provincial rates.

This post was edited by SBD on Dec 25 2022 06:01pm
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Dec 25 2022 06:03pm
Quote (SBD @ 25 Dec 2022 18:59)
Nunavut's top marginal rate plus 2% Nunavut payroll tax.


But you don't pay the top rate on all of your income even if you do earn that much... So would you like to be honest with us today?
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Dec 25 2022 06:04pm
Quote (mki @ Dec 25 2022 05:03pm)
But you don't pay the top rate on all of your income even if you do earn that much... So would you like to be honest with us today?


Jesus you're stupid. I said incentive to do additional work
Every additional dollar is taxed at that rate.

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Dec 25 2022 06:05pm
Quote (SBD @ 25 Dec 2022 19:04)
Jesus you're stupid. I said incentive to do additional work
Every additional dollar is taxed at that rate.


Yeah that extra 4% and boom, it's not even worth having any more money according to you?
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Dec 25 2022 06:06pm
Quote (mki @ Dec 25 2022 05:05pm)
Yeah that extra 4% and boom, it's not even worth having any more money according to you?


No, I begin to value my time more than contributing more to the workplace.

Now you're going to try to tell me what I value more? And no it's not a threshold. My base salary is well beyond the top bracket before I even begin to do additional work. Knowing every hour I only get 53% of the time is enough for me to not bother.


Again I don't take issue with the general principle of taxation. I do take issues with the incompetence displayed in our public sector. Specifically at the provincial level here. If money was well handled, the public sector was streamlined and it didn't get squandered I'd have a different tune to sing.

Frankly the public sector doesn't even remotely pay enough to actually attract any talent and those with some talent who think they're going to change anything are ground down by mounds of red tape and eventually move back to the private sector.

I've worked for places that toss out resumes that have government experience.

This post was edited by SBD on Dec 25 2022 06:18pm
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