Simple question: what's the biggest threat to our country at this time?

[DC Tom]

20 minutes ago, row_33 said:

 

tax on a litre of gas is around 35% in Ontario

 

i'm easily taxed 60% of my income living a normal life

 

 

 

Normal?  You're living a Canadian life.

[row_33]

11 minutes ago, DC Tom said:

 

Normal?  You're living a Canadian life.

 

normal would be a bogus 10-week plan working for family and then 42 weeks to drive my snowmobile on welfare

 

 

[Dante]

25 minutes ago, row_33 said:

 

tax on a litre of gas is around 35% in Ontario

 

i'm easily taxed 60% of my income living a normal life

 

 

 

 

Why? Who gave them the right (I don't mean legally just because they wrote laws to steal) to just take what is yours? It always puzzles me why people who honestly work for what they have so willingly give up a huge percentage of it to people that have proven they have no idea how to effectively allocate resources anywhere. Not only effectively but morally spend resources. See Obama fighting 7 different countries over the span of two terms. And Bush for blowing up Iraq for no real reason. WMD's lol.

I guess it's a combination of incremental infringement on our space and a familiarity bias. I just can't imagine people putting up with this level of coercion 100 or 150 years ago. At least not in the states.

[row_33]

12 minutes ago, Dante said:

 

Why? Who gave them the right (I don't mean legally just because they wrote laws to steal) to just take what is yours? It always puzzles me why people who honestly work for what they have so willingly give up a huge percentage of it to people that have proven they have no idea how to effectively allocate resources anywhere. Not only effectively but morally spend resources. See Obama fighting 7 different countries over the span of two terms. And Bush for blowing up Iraq for no real reason. WMD's lol.

I guess it's a combination of incremental infringement on our space and a familiarity bias. I just can't imagine people putting up with this level of coercion 100 or 150 years ago. At least not in the states.

 

It be Canada

 

we have peace, order and good government as our goals (compared to US documents, but you have "happiness")

 

people keep voting in governments that increase the social welfare safety net every week, you might go to jail for suggesting at least keeping the increase down to 10%, let alone cut spending...

 

what can you do?  not buy gasoline or cat food (for the cat)

 

 

 

and we don't deduct the interest on our mortgages either...

[Greybeard]

4 hours ago, TakeYouToTasker said:

Exactly.  He should be turned 90 degrees clockwise taking a pegging.

 

That's what you meant, right?

   Yes.   He has the perfect mouth for that.

[Dante]

27 minutes ago, row_33 said:

 

It be Canada

 

we have peace, order and good government as our goals (compared to US documents, but you have "happiness")

 

people keep voting in governments that increase the social welfare safety net every week, you might go to jail for suggesting at least keeping the increase down to 10%, let alone cut spending...

 

what can you do?  not buy gasoline or cat food (for the cat)

 

 

 

and we don't deduct the interest on our mortgages either...

1

"Good government" is kinda funny. I'm not a full blown hate the govt anarchist. I just think the federal government as an entity has become its own self-serving industry. Its marketing campaign is to manipulate its customers,(the tax paying citizens) to believe it absolutely needs them to survive and in turn, sell what the bureaucracy can do for you. 

And to reinforce their customer base they do things like changing the demographics (import a 3rd world population who overwhelmingly vote for left-wing big government).  Infiltrate the education system and infuse it with socialist professors to mold vulnerable(dumb) young people into willing servants to the state. 

But in the end, what am I going to do? Pay up. Shut up and accept people like Pelosi, the Bush's, Moonbeam as my overlords. 

Edited April 17, 2018 by Dante

[Greybeard]

1 hour ago, DC Tom said:

 

Half?  My effective tax rate is about 15%.  You need to be in a higher tax bracket.

        Add up all your taxes .  I will bet it is at least 45%.

 

      In the early 90's I was working in Sweden with some Germans and Italiens.   We had this discussion about taxes and thought I was paying 15 to 25% at the time.  Wrong.  Add them all up and I was within 5% of what they were paying.  With no free healthcare.

       I have Fed income tax, NY state income tax ( I love NY), SS tax, Medicare tax, Sales Tax, Gas Tax, County Tax and School Tax.  And that's not counting the taxes on phones, hotels and cable.     When I got through that discussion I felt like an idiot. ((TM)  DC Tom).

 

Harrison was right,

 

Now my advice for those who die
Declare the pennies on your eyes
'Cause I'm the taxman, yeah, I'm the taxman
And you're working for no one but me.

[row_33]

51 minutes ago, Dante said:

"Good government" is kinda funny. I'm not a full blown hate the govt anarchist. I just think the federal government as an entity has become its own self-serving industry. Its marketing campaign is to manipulate its customers,(the tax paying citizens) to believe it absolutely needs them to survive and in turn, sell what the bureaucracy can do for you. 

And to reinforce their customer base they do things like changing the demographics (import a 3rd world population who overwhelmingly vote for left-wing big government).  Infiltrate the education system and infuse it with socialist professors to mold vulnerable(dumb) young people into willing servants to the state. 

But in the end, what am I going to do? Pay up. Shut up and accept people like Pelosi, the Bush's, Moonbeam as my overlords. 

 

I don't see much diff in Canada between the two main parties, there is a surface-level diff in the US and sometimes it makes a difference

 

as always I'm wary of all of them, i enjoy files that investigate politicians, usually their campaign donations and spending these days

 

30 minutes ago, Greybeard said:

        Add up all your taxes .  I will bet it is at least 45%.

 

      In the early 90's I was working in Sweden with some Germans and Italiens.   We had this discussion about taxes and thought I was paying 15 to 25% at the time.  Wrong.  Add them all up and I was within 5% of what they were paying.  With no free healthcare.

       I have Fed income tax, NY state income tax ( I love NY), SS tax, Medicare tax, Sales Tax, Gas Tax, County Tax and School Tax.  And that's not counting the taxes on phones, hotels and cable.     When I got through that discussion I felt like an idiot. ((TM)  DC Tom).

 

Harrison was right,

 

Now my advice for those who die
Declare the pennies on your eyes
'Cause I'm the taxman, yeah, I'm the taxman
And you're working for no one but me.

 

 

I think pop stars were at a 95% tax level in the 60s and 70s, many became exiles (the Stones did it)

 

getting money out of a foreign country can be dicey, people I know in Canada inherited property in Europe and face a 150% tax on any value they try to get into Canada

 

 

[TakeYouToTasker]

21 minutes ago, row_33 said:

 

I don't see much diff in Canada between the two main parties, there is a surface-level diff in the US and sometimes it makes a difference

 

as always I'm wary of all of them, i enjoy files that investigate politicians, usually their campaign donations and spending these days

 

 

 

I think pop stars were at a 95% tax level in the 60s and 70s, many became exiles (the Stones did it)

 

getting money out of a foreign country can be dicey, people I know in Canada inherited property in Europe and face a 150% tax on any value they try to get into Canada

 

 

 

...

 

Taxed at 150% of the value so through inheritance, they assume a liability 50% greater than the gross amount of the inheritance?

 

Source please.

[row_33]

20 minutes ago, TakeYouToTasker said:

 

...

 

Taxed at 150% of the value so through inheritance, they assume a liability 50% greater than the gross amount of the inheritance?

 

Source please.

 

 

Yes, for example if as a Canadian resident you wish to sell your inherited property in Greece and export the cash proceeds to Canada, the taxes are so prohibitive that you gladly keep ownership and visit once in awhile.

 

Rather common.... have seen it in 6 files over the years.

 

I recall the Beatles faced a tax of over 100% on royalties for the film Yellow Submarine in Sweden. 

 

 

 

 

 this comes and goes as craziness in a certain country changes over time

 

the 60s through 80s had fun stuff with rampant inflation and frequent military coups

 

 

[TakeYouToTasker]

1 minute ago, row_33 said:

 

 

Yes, for example if as a Canadian resident you wish to sell your inherited property in Greece and export the cash proceeds to Canada, the taxes are so prohibitive that you gladly keep ownership and visit once in awhile.

 

Rather common.... have seen it in 6 files over the years.

 

I recall the Beatles faced a tax of over 100% on royalties for the film Yellow Submarine in Sweden. 

 

 

 

 

Can you source it?  Not that I don't believe you, I'd just like to see the tax law.

[row_33]

restrictions on carrying of cash have been inflicted with full body searches at airports during my life, $10,000 at some points the last 40 years.

 

8 minutes ago, TakeYouToTasker said:

Can you source it?  Not that I don't believe you, I'd just like to see the tax law.

 

The documents that people had presented from that country on files that I worked over the last 25 years.

 

and the legal and tax opinions from our top names saying "what are you gonna do?"

 

you don't forget stuff like that

 

 

i've been asked a few times over the years how to pull this off with paying no tax, i would never ever advise this but gladly recommend someone who might know someone....

 

 

[TakeYouToTasker]

2 minutes ago, row_33 said:

restrictions on carrying of cash have been inflicted with full body searches at airports during my life, $10,000 at some points the last 40 years.

 

 

The documents that people had presented from that country on files that I worked over the last 25 years.

 

and the legal and tax opinions from our top names saying "what are you gonna do?"

 

you don't forget stuff like that

 

 

i've been asked a few times over the years how to pull this off with paying no tax, i would never ever advise this but gladly recommend someone who might know someone....

 

 

 

I'm sure, but can you source it?  I'd like to read it.

[boyst]

3 hours ago, DC Tom said:

 

Half?  My effective tax rate is about 15%.  You need to be in a higher tax bracket.

!@#$ that. Even with my farm I average 25%

[row_33]

10 minutes ago, TakeYouToTasker said:

 

I'm sure, but can you source it?  I'd like to read it.

 

 

not really.... i'm not a tax person and do not have the resources at hand.

 

just stuff I've read (the finances for the Beatles and their breakup spawned a few excellent books detailing their financial and tax woes)

 

and documents observed during forensic accounting files over the last 20 or so years.

 

 

 

 

[TakeYouToTasker]

2 minutes ago, row_33 said:

 

 

not really.... i'm not a tax person and do not have the resources at hand.

 

just stuff I've read (the finances for the Beatles and their breakup spawned a few excellent books detailing their financial and tax woes)

 

and documents observed during forensic accounting files over the last 20 or so years.

 

 

 

 

Fair enough.  I'd just advise readers to take your contribution as unsourced/unconfirmed as opposed to fact then.

Edited April 17, 2018 by TakeYouToTasker

[row_33]

8 minutes ago, TakeYouToTasker said:

Fair enough.  I'd just advise readers to take your contribution as unsourced/uncomfirmed as opposed to fact then.

 

 

i do not advise on tax matters, we have our experts to call in when it gets to that level, but in the (on occasion) millions of documents I may process on a given file there are many interesting opinions that are not forgotten

 

and if you do inherit property overseas, intentions on selling and LEGALLY putting the proceeds into your US or Canadian bank account may have amazing implications....

 

i do not have the tax treaty between Canada and (say) Yugoslavia in 1982 at my fingertips, for example.... and I doubt you really want to read it....

 

 

 

 

[TakeYouToTasker]

5 minutes ago, row_33 said:

 

 

i do not advise on tax matters, we have our experts to call in when it gets to that level, but in the (on occasion) millions of documents I may process on a given file there are many interesting opinions that are not forgotten

 

and if you do inherit property overseas, intentions on selling and LEGALLY putting the proceeds into your US or Canadian bank account may have amazing implications....

 

i do not have the tax treaty between Canada and (say) Yugoslavia in 1982 at my fingertips, for example.... and I doubt you really want to read it....

 

 

 

 

 

Understood, though you'd likely be very surprised, then, by what I enjoy reading.

[row_33]

18 minutes ago, TakeYouToTasker said:

 

Understood, though you'd likely be very surprised, then, by what I enjoy reading.

 

May you inherit $1,000,000 in land from ancestry, and may it work out well for you if you want to buy a burger at Wendy's from it....

 

the eye-popping schedules that i do produce these days are for matrimonial matters, the penalties and gross-up on undeclared (and found by us) income makes me go over them three times to make sure they are accurate.