Cheaper to live in London England

[farmaholic]

perfecho.....but we're not all paying the same rent to live here.....if fact, some are getting paid to live here!

I forgot property and school taxes in the list.

[perfecho]

True enough...but I still really don't want to be elsewhere....have a damn good lifestyle, lots of choices and lots to do. In semi retirement, finding the most rewarding things don't require much money...sometimes wonder why spent so much effort towards it!

[ajl]

Farmers have to subtract payments from agri invest and agri stability as well as crop insurance payments above premiums to come up with net tax payed. These days you also would have to account for income transfers to land owners because the B of C maintains rates below market. Fact is in a managed economy like Canuckistans's, (and now every other country in the world) you can't really say that you earned what you have.

[farmaholic]

No Ag Stab payments since 04 frost....then they asked for some of that back. But senselessly still make premium payments...with little hope of ever collecting!!!!
No Crop Insurance payments. ..not in it.
AgInvest....do it but still pay more tax than I get from them.

We all know the story of fuel tax. Most fuel on my farm is used off road.....until recently..paid for trucking grain to terminals.
Even submit fuel taxes on personal use gas that has the tax removed on purchase.

I'm not buying the free-ride argument here.

We generally manage the farm to make money not avoid paying taxes....but I still think we are definitely paying more than our way.

[grassfarmer]

I guess he'll have to use some of the money he is saving to buy his milk.

Price of a litre of milk Calgary $1.84. Price of same in London $2.49

#supplymanagement better for farmers, better for consumers.

[perfecho]

Hamloc...when bank bailouts and auto bailouts occurred, they weren't a budget line...they just went ahead and did it and it was quite some time before the taxpayers knew.
Banks ...the banks decided they needed to be in between the Bank of Canada and government, and had to make their "rightful share."
"In 2011, alone, Canadian taxpayers paid the private banks an estimated $37.7 billion to service the federal debt—over $103 million each and every day of the year! These are tax dollars that, ceteris paribus, could have gone towards infrastructure, health care, education, and other social needs..."
source...
http://qualicuminstitute.ca/federal-debt/
Wall street...the amount of money that has been put through QE and such to keep equities going is insane...and is further from "free enterprise" than socialism...;-)

[foragefarmer]

With regard to paying taxes, those on here complaining about them, are your farms not incorporated?

Here is Manitoba's

Lower rate
The lower rate of Manitoba income tax is 0%.

The income eligible for the lower rate is determined using the Manitoba business limit. The Manitoba business limit is:

$450,000 effective January 1, 2016;
$425,000 effective January 1, 2014;
$400,000 before January 1, 2014.
The business limit is prorated for tax years that straddle these dates.

Higher rate
The higher rate of Manitoba income tax is 12%.

This rate applies to all income not eligible for the lower rate.

If your not incorporated maybe you should consider it, and stop all you constant whining. You all got it so hard!!!

[farmaholic]

Too funny!

Next we'll be told we're "too" profitable!

Literally AND figuratively "too rich"! LOL

[Hamloc]

Perfecho, from 1935 to 1974 the BOC made interest free loans for infrastructure building in Canada. In 1974 the central bank stopped providing interest free loans to government so it could join the bank of international settlements, a kind of central bank for central banks. From then on you are correct that private banks assumed this role. Continuing to increase the deficit as the federal Liberal's are doing and almost all provincial governments just takes money away from social programs to service debt. As for using tax money to bail out large companies didn't support it then or now.

Forage, the reason I started this post was economists point out that raising taxes doesn't always increase revenue, Murray Edwards is a perfect example. Wealthy tax payers will leave jurisdictions where they feel they are overtaxed. You bring up another reason, in the face of onerous taxes businesses will restructure to lower their tax burden. In my own case I have been incorporated for almost 20 years. It is unfortunate in your world my pointing this out is whining. I personally consider the direction of most governments in Canada, federal and provincial, to be wrong and I will continue to point this out. If you consider this whining so be it. Have a nice day:-)

[perfecho]

Hamloc...agree the Liberals are adding, but have you seen who has added most to our deficit? The Cons have added the most...even the Liberals started bringing it down with Chretien and Martin, only to have Harper take it back to earlier levels....they are all contributors to the national debt...not just the Libs...