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Let's see, I just dug out one of our people's paystubs. He is a field technician for firewalls. There are no expenses, he is fully salaried. We pay him biweekly $3,101.62 for an annual total of approx. $81,000. Out of those $3,100 we remit $519.17 to the Canadian federal Government, $222.59 to the Government of British Columbia, $197.53 into our company's retirement plan. On top of that we remit rougly $70 for your Government's Pension Plan (CPP), $30 for the federal unemployment insurance, and $54 for health insurance. So all in all deductions add up to $1,092 which is 35%. If I ignore the company pension plan (which is optional and an employee benefit as we match the payment) it adds up to 29%. Most of our employees average $1000 refund on their tax return. The numbers have been virtually identical for the past years.

So what are you talking about, no one who makes 85K gets taxed at a rate of 30% ?

Re the surplus, I got my info from the Canadian Press. Your Government reported a surplus of 9.1 billion Canadian for the last FISCAL YEAR (not quarterly as you said). And you do NOT have a DEFICIT of 500 billion, you have a DEBT of 500 billion. Ever looked at the US numbers for deficit and debt? Our debt now stands at almost $7,500,000,000,000 according to the Treasury Dept. which translates into a bit more than $25,000 US per capita. In return, your debt is about $16,000 Canadian per capita. In other words our debt per capita is about twice as high as yours.

I don't think you are very good with numbers. Pretty sad if I down here know more about your tax rates and national surplus than you do.

It just means, that when he FILES HIS TAX RETURN HE WILL HAVE TO PAY THE GOVERNMENT ACCORDING TO HIS TAX bracket...

You Don't get it...

He might be paying 30 % now but at the end of the year when he files he will be paying his due amount...

The company he works for is not retaining enough of his pay for taxes...IT HAPPENS, and at the End of the year he will be in for a SHOCK when he realizes he needs to pay his due share...

Example: If someone earns 30000$ per YEAR and his company only retains 2% for taxes, does that mean that he only pays 2% taxes, NO! At the end of the year, the employee will have to make up the difference according to his tax bracket...That is how it WORKS in CANADA..WHAT YOU SEE IS NOT WHAT YOU GET!!! GET IT!

Mr. Know it all:

If you wanna call it debt instead of deficit that's your perogative. The debt is the accumulated deficit, big deal. For years and years Canada was having deficits in the billions each year. The government medicare program sucks. We wait hours and hours in emrgency rooms like a banana republic. The tax rates differ in different provinces. We in Quebec have two civil services, one at the federal level and another at the Quebec level. That's where our tax dollars go. Our net pay is not sufficient. In Quebec, when you go over $100,000, you start to get taxed at the highest rate of 48%. That's the equivalent of 70,000 US. Imagive the highest bracket starts at 70,000 US!! Boy we're so rich. In fact we can't deduct mortgage interest or property taxes. The average american claims that as an itemized deduction and effectively reduces his tax rate to below 25% even for taxable income in excess of $ 100,000 US.
Almost every country in Europe allows a mortgage interest deduction. So please give it up. You pay less taxes in the U.S. and that's it.

It's about time we started getting surpluses. In addition to the income taxes, they have just raised property taxes which amount to approx 2-2.5% of the estimated municipal value of the property. In addition to all this we pay 7% GST and another 7.5% Quebec QST on every single purchase of goods or services. We're taxed to the death.

I sure hope they will pay down the debt with the surplus and not waste it on their pathetic government programs. Just the CBC gets 800,000,000 a year. What a f...g waste especially listening to their news programs, it makes the stomach turn.

The US is a very rich country. They have a lot more room to tax people than they do over here. They can just raise their sales tax rate a couple of percentage points and wipe out their deficit.

Goodbye.