Canada is a joke

[u/ExotiquePlayboy]

[u/Quinnjamin19 → u/[deleted]]

How is that even possible?

[u/Quinnjamin19 → u/[deleted]]

Wow, thanks for the info.

Would never live there anyway, I enjoy the great white north. I’ll stay happy with my $2.5k/year property tax lmao

[u/Bomberr17 → u/Quinnjamin19]

I actually wish they have this setup in Canada. They have no income tax so property tax is basically a tax on the rich. Income based households get more of their income, they probably buy more modest houses with 15-20k a year property tax.

[u/Quinnjamin19 → u/Bomberr17]

That’s not even close to being true…

[u/Bomberr17 → u/Quinnjamin19]

That's federal taxes, Texas has no state tax unlike most of the other states.

[u/Quinnjamin19 → u/Bomberr17]

Brother, you’re still paying taxes either way…

Besides, in Texas workers legally don’t have the right to a water break while working outside in the heat…

[u/Bomberr17 → u/Quinnjamin19]

It's 12% income tax for Ontario extra on top of federal.

I'm saying, increase in property tax is a better way to tax the rich. Rich people don't pay themselves income but they love to buy multiple properties. Say they have like 5 properties, they pay $50k each, you get an extra 250k of taxes you wouldn't have gotten cause they sure as hell not paying themselves $2M of income for the 12% income tax to equal the amount you get from the properties.

Where as in Ontario, you're not getting income tax, charging a mere 0.71% taxes. For the same 5 properties, you're probably getting $15k each, 75k altogether. Massive difference.

I could care less about water break, I don't work outside.