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by cperciva
2122 days ago
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Top tax bracket in BC is 53.5%. (The "proposed new tax bracket" is happening.) Sales tax is 12% (5% federal, 7% provincial) on most products; basic groceries and rent are the most significant exemptions. Federal payroll taxes are 10.2% (pension) + 3.8% (unemployment) on the first ~$55k. BC has a 1.95% payroll tax (nominally earmarked for health care) with a small-business exemption. |
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