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Ontario income tax/universal health care
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redoak
Posted 3/7/2016 11:41 (#5161127)
Subject: Ontario income tax/universal health care


sw ontario
DAiryman78 had a good point that if you had no "health ins. cost" you could pay some extra income tax ......your income tax (edit $1,000 a week income) for a single person with standard deductions in Ontario is $8,736 . Besides property tax there is a HST (goods and services) tax of 13% on most stuff other than food,kids clothing ,tampons,ect. .....farms/business get 100% refund on any HST tax .....Corporate tax rate is around 13% on first ,maybe $400k net (corporate number is ball park)

Edited by redoak 3/7/2016 11:42
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