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Like Jack in Jack and the Beanstalk, the Minister hoped everyone would share his implacable faith in the two magic beans he held out in his palm—''The...
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You're playing with people -- that's not right. You're deceiving people by saying they're paying more," [Mike Babinsky] challenged in an interview Wednesday.
Babinsky pointed to the 32-page report he'd compiled, specifically a page showing the property tax bills that a reporter's family has paid for the past decade. The home's school taxes have gone down $102.21 in that period, said Babinsky.
"I'm giving it out to people," Babinsky said. "I presented it for the first time (Tuesday) evening at the north district advisory committee.
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As a firm, we have "lunch 'n learn" sessions to keep us current so that we may appropriately advise our clients as to changes in taxation and accounti...
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Two other significant taxes that we deal with on our tax returns are the Canada Pension Plan and Employment Insurance. For one reason or another, we are forced to prove that we paid the correct amount of CPP and EI at income tax time. In addition, residents of British Columbia, Alberta, Ontario, and Quebec also pay health-care taxes through either direct premiums or payroll taxes. All told, the average Canadian family paid some $7,900 in CPP, EI, and health taxes in 2006.
In addition to personal income taxes, payroll taxes, property taxes, and sales taxes, which are all visible to a certain degree, there are a host of taxes that we pay but do not see. For instance, profit taxes amounting to approximately $2,790 in 2006 were assessed indirectly on average Canadian families. Taxes on liq...
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There are two reasons for that. First, Mr. [Pauls] is a U.S. citizen. Second, the couple has money -- lots of it. Together, those two reasons mean that the U.S. government will tax Mr. Pauls at death.
The U.S. government charges estate taxes against the world wide assets owned by a U.S. citizen or "domiciliary" when they die. Even though Mr. Pauls has been resident in Canada for 30 years, his death will trigger taxes in the United States. It makes no difference that he rarely goes back to visit. It makes no difference that all of his assets are located here in Canada. The U.S. government will still hammer him with taxes when he dies.
You may be sitting back and thinking that this does not apply to you. Actually, it may. U.S. estate taxes apply to many people who are surprised to find o...
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There is no doubt that many roads and bridges in the province of Manitoba are in rough shape.
The infrastructure deficit should not be addressed throu...
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We have all heard the adage that there are two certainties in life: "Death and Taxes." So long as we are alive, we might as well come to accept taxes ...
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Once again Manitoba school trustees have thumbed their noses at the province's warnings about increasing property taxes. The arrogance of this action at a time of economic crisis leads one to question the wisdom of continuing to give school divisions in Manitoba the power to tax when some have consistently abused this privilege.
Do we need 38 school divisions and districts, 38 school division offices and over 300 trustees and hundreds of division staff in Manitoba to make education policy decisions when we only require 57 MLAs for the governance of the entire province? In Winnipeg alone there are six school divisions and 54 trustees, more than three times the number of councillors at Winnipeg city hall. Does all of this duplication and extra cost provide better education for our childre...