[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 18 KB, 1200x600, 1200px-Flag_of_Canada_(Pantone).svg[1].png [View same] [iqdb] [saucenao] [google]
11942201 No.11942201 [Reply] [Original]

>No taxes on first $50k in dividends
>300km per 1000 people
>Free healthcare

>> No.11942213

>>11942201
The downside is the high income taxes, shitty economy, and generally mediocre quality of life, especially in the major cities which have an absurdly high cost of living.

>> No.11942335
File: 185 KB, 960x640, 1516949400051.jpg [View same] [iqdb] [saucenao] [google]
11942335

>>11942213
yeah the working class are slaves. if you're smart though it doesn't take much to become independent.

>> No.11942381

>>11942201
Can you explain the dividends thing? I thought dividends were taxed, but more favorably, unless they were in a TFSA or a registered plan?

>> No.11942398

>>11942381
if you don't have other income the first $50k is tax free. after that or if you work it's taxed at 29%

>> No.11942977

>>11942201
>No taxes on first $50k in dividends
pretty sure that's only with the dividend tax credit. it's not eligible for any security.
also the 2019 TSFA limit is $6,000 next year.