The IMF Thinks We Should Raise GST and Lower Income Taxes?
The IMF thought that Canada should raise the GST but lower income tax rates? Tax consumption not income? Sounds OK by me.
The IMF thought that Canada should raise the GST but lower income tax rates? Tax consumption not income? Sounds OK by me.
Discover the impact of high taxes on quality of life. Explore the findings of a report comparing countries with different tax rates.
I warned you guys, it’s time to get serious about taxes, my fellow Canadians get your butts in gear, but you have until May 1st to do it, get those taxes done! Remember Rick Mercer… Read More »Taxes: Revenue Canada Wants You!
Discover how to effectively use a spousal RRSP to benefit your retirement. Calculate the advantages of a spousal RRSP in Ontario, and learn how Bob Taxpayer manages his retirement income of $54,000 a year.
So a reliable and fool-proof way in Canada to do income splitting is by using the concept of the Spousal RRSP. This can work, but specific scenarios