Most pay or lose more than they think.
If we define income tax cost to be the money the government gets or keeps because you have income from your savings or pensions or from working, then you will find that for a senior citizen with income less than $116,000, the system is… Continue Reading “Taxes Are Not Like You Think”
Canadian taxation of senior citizens is mind-numbingly complicated. One of the problems that comes up frequently is the government sometimes gives with one hand and retrieves with the other. The clawbacks that have been introduced in the interest of “fairness” cause unfairness. I assume… Continue Reading “Who Has The Highest Income Tax Rate?”