Be me, canadian wagey

be me, canadian wagey

work hard all year

night shifts, extra hours, extra time off work away from family and dedicated to study and perfect professional skills

get an "exceeded expectations" mark from my manager, entitling me for the highest annual bonus rate

if I choose to cash out my bonus, canadian government collects 50% in "capital gains" right there and then

they still get to tax me on the other half since it will add up to my annual salary and put me in a higher my tax bracket

they don't allow me to use the money to reinvest it in stocks or other financial instruments

only "investment" they allow me to make with the money is to put it in an RRSP account, which essentially is giving it to the government in exchange for a very small return

can only cash it out when I retire and they will again tax the hell of it

what's even the point of having a work ethic in a place like this?
if I just slacked and did the bare minimum I'd basically get the same net compensation after taxes

It is designed specifically so you cannot climb the ladder.

put me in a higher my tax bracket

why are people still this stupid

We told you to stay in India but you wouldn't listen.

Their criminals

its rigged retard

My marginal income tax rate for 2024 was 47%. Factor in taxes on goods and services (regular HST or addtional taxes included in gasoline, alcohol, etc.), municipal taxes, and so on, I'm giving various forms of government nearly $0.70 for every $1.00 I earn.

You don’t pay capital gains on bonuses, you can use the money however you want,RSP are through private companies likes banks, you can cash them out at any time but you pay tax on the realized gains.

You are a lying jeet who wants to be the 51st state only because you were too useless to get an American work visa

How much did you make anon?

This whole country has been redesigned over the past decade and change so that the lower rungs of the economic ladder are completely fucking gone. You are now competing with people that live 30 to a basement who steal, scam, lie, and cheat as often as they breathe. Remember that the median and average wages in this country aren't really able to afford shit. There will be more jeets coming. Enjoy!

I'm in Quebec and my marginal tax rate here is around 51.2% when you factor all in.
Neighbors had to go the ER just two weeks ago for an emergency and had to sit for 11 hours to see a doctor.
It's amazing how this shithole gets the largest share of equalization payments, has the highest taxes of all provinces and everything is so decrepit.
Driving here be it in the cities or highways is both dangerous and enraging.
I don't know where all that money is going to, but I can tell you it isn't being applied in public services or infrastructure AT ALL.

only 47%? you must not live in ontario, here it's 54%

only "investment" they allow me to make with the money is to put it in an RRSP account, which essentially is giving it to the government in exchange for a very small return

Imagine being this retarded. An RRSP is a retirement account like a 401k, it’s not the investment itself. You can invest the money you put into your RRSP.

he misunderstands, but putting your money in an RRSP is trusting the same government that is assraping you on all the other taxes not to assrape you 30 years from now when it comes time to withdraw

Just below $220k. I think the bracket is actually above 48% in Ontario (vs. 47% I said earlier).

Up noses

You wont do shit is the reason why they do this.

The government doesn’t own your RRSP. An RRSP is essentially a way to tax lever your future income by deferring it now. It’s actually not bad at all.

Calls martial law against peaceful protest

Yes yes income tax is theft and slavery

withdraw money, pay the tax

put into monero

swap into whatever crypto you want untraceably

accumulate whatever wealth you want

wait for hyperinflationary currency collapse (it's coming)

swap back into whatever new currency comes along

win

t. Anon Babble

Asks how many tanks they have to deploy on the streets

And how many Quebecer cops they can get to point guns at civvies

still waging

still paying taxes

For what purpose? Rort the system as much as you can whilst you can before it all goes tits up. You no longer live in an even remotely fair or just nation and thus there is no point pretending that you do. Your country is being diced up and sold off to the highest bidder by a bankrupt government whilst flooded with cunts the colour of shit and piss to ensure as much wealth is sucked out of the working and middle classes as possible. You carve yourself out a chunk now or never happens.

The system is designed to ensure you get poorer generation after generation, if you keep playing by the rules that is exactly what will happen, you will never get ahead, your children will never own a home, most of them will struggle to buy food because each of them is competing against 20 shitskins. I'd wager some if not all of you are already in that position.

Every single cunt in this thread that is still waging and being a good little goy is at best 3 generations away from pic related. For once in your lives stop being such inherently decent cunts.

"If a law is unjust, a man is not only right to disobey it, he is obligated to do so"

Well how do you burdenmaxx?

Stop being a worker. Start your own business.

I drove all through out Saskatchewan a month ago. I almost died multiple times on the highways. total white out in the day from snow getting blown around from wind. There was no road. No one removing the snow from the highway, no lights, no fences. There were old people and immigrants in ditches everywhere -40. No one cares. Get to Regina and no one shovels walks. You need a fucking care to survive, but there is no jobs, everything is so fucking spread out. Total hell hold. I would shot Myself if I lived in that place. If you want to see hell go to Regina in winter. It really makes you wonder where tax money goes.

duhhhh shut up chud
at least youre not american

And you keep paying, working and voting and wonder why it’s not working out for you.

fuck off...you make 220$K but dont understand how anything works financially ?

lmao. what a lying cunt-idiot.

Money is not the problem with our healthcare system, the backlog is created by the lack of doctors. And that is controlled by the doctors union who only want a specific number of doctors graduating every year to keep their salaries high. They gatekeep the doctor profession so hard that students end up leaving Canada to go study in the U.S and then they just stay there when they graduate

Too much administration too, a single tylenol costs $15 in a hospital here.

First of all don't fuck around with being a NEET etc, your time is worth more than that and sucking off the tit until it dries up isn't going to save you.

I suggest you start a low level non-profit charity that will allow you to soak up 500k to a million dollars a year of government grants with little to no oversight. You are going to have to learn how to run a business, write up business plans and submit grant proposals. It won't take you long.

Start researching and going through the financial breakdowns of charities and other organisations that fit that profile, the shit your government throws money at will make your blood boil.

search.open.canada.ca/grants/?sort=agreement_value desc&search_text=&page=1#

You are going to use that income to buy land, warehouses, vehicles, pay wages etc for the "non-profit charity" and it will be non-profit because your books say so. In reality it's paying your rent, stocking your fridge, helping your family, helping your mates, and you're skimming to buy tangible cash assets elsewhere to hedge against inflation. I suggest some sort of feel good "relief" charity that rocks up with a van of hot food and coffee to help people in need. And you can actually do it and help some white cunts in the process and pay yourself an excessively inflated wage or hire another cunt to do it for peanuts. Dealers choice.

Now you have all these assets that the government has paid for, 1% of the time you're using them for charity and chucking it on social media for updoots, 99% of the time you're going to be using them to run a parallel off the books cash business. Even if it's something as simple as courier driving, cleaning, transport of any kind or leasing the vehicles and property out for passive income. Then start borrowing against those appreciating assets to acquire more property and build more passive income. A few years of that and the government will have bankrolled you a tidy little slumlord portfolio worth millions.

Kind of didn't expect an non-memey answer so your work is appreciated my upside-down pal. You are right that shit is pretty fucked here when it comes to the government throwing money at things. Maybe I should find some kind of charitable idea and incorporate: the amount of costs you can write off with your business is absolutely fucking insane here if you know what to game.

I should add here I worked for non-profits and the director went from not being on the sunshine list to being on the sunshine list within a year. On top of this, they paid managers over $48 an hour to fart around designing clipart mascots for shitty events, spending tons of taxpayer money on just having a quirky multi-hour lunch day or whatever.

Shut up asshole.
You shouldn't get any money.
Death to slaves!

only "investment" they allow me to make with the money is to put it in an RRSP account, which essentially is giving it to the government in exchange for a very small return

This is literally false, you can control your own investing in an RRSP account

can only cash it out when I retire and they will again tax the hell of it

They don't "tax the hell out of it" when you retire because it counts as income, it gets taxed at whatever rate you withdraw

Since you're full of shit, the rest of what you said is probably also completely false. You're probably a NEET retard who doesn't know anything about how taxes or income work.

They are illegitimate criminals and they get away with it because Canadians allow them to. Did you know our federal government hasn't been a legitimate institution since 1932?

Where did I say my life wasn't working? My life is comfy. My point was that the cumulative taxation is egregious here.
Do a dollar-for-dollar accounting on how much of your money goes to the government in various forms. Your effective income tax rate, CPP/EI deductions, property taxes, taxes on fuel, sin taxes, carbon taxes. The 70% figure might have been a bit high, but it's definitely the majority of my income going towards some form of government.

Charities are the soft underbelly of every western nation. They're our biggest weakness and readily exploited.

So go hunting, kill something, eat it, spend some time alone, get right with yourself and do what you've gotta do to get your head screwed on straight and shed yourself of the white mans morality, we reserve that for men who have earned it, for each other. But for now it's us vs them, you fight dirty and you fight to win or there is no light at the end of this tunnel for us mate.

I'll see if I can come up with something because I'm looking at my current trajectory and I don't know if I'll make it in this dumpster fire country. Maybe I'm just an idiot or something but I just want to fly under the radar without the stress of struggling through everything because I have to compete with basement jeets or whatever.

If you made $230,000 in Ontario your bracket would be 52% so you are a faggot jeet liar. I agree this tax is too much but I don’t appreciate brown people lying on my gay website

Every Canadian needs to sell their parka and buy an iron with lead.
DOTF

We almost never wear parkas, btw. The trick is wearing many layers so you can add or remove them as necessary to maintain ideal temperature. If you wear just a shirt and a parka, you might feel comfortable or you might overheat and then the sweat freezes to your skin (especially if you're wearing cotton).