VValk: Are the 1% paying the same tax rate now as the 99% now? As stonepicker rightly pointed out many farms are incorporated for tax reasons. Corporations have lower tax rates than the personal tax rates. So would you be okay with corporate rates increasing to personal rate levels on your farm? Be very careful what you ask for!
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VValk: Are the 1% paying the same tax rate now as the 99% now? As stonepicker rightly pointed out many farms are incorporated for tax reasons. Corporations have lower tax rates than the personal tax rates. So would you be okay with corporate rates increasing to personal rate levels on your farm? Be very careful what you ask for!
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So your current tax rate is 15%. You all send your children to university, visit the doctor, drive up and the major highways with your trucks load. Your income tax may go up a few percentage points and you all complain like a bunch of old men!!!! Wah Wah!!!!
Yes I'm incorporated, and if I have to pay more to get the infrastructure in Canada up graded so be it!!!
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