Here’s some interesting math for you. Between 2011 and 2014, Alberta Premier Jim Prentice was a Vice-President for CIBC, with a salary “reportedly over $2 million.” In Ontario, his 2013 provincial income taxes would have been calculated using a progressively increasing tax rate that topped out at 13.16% on income over $509,000. The
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FLAT TAX MATH YIELDS A T-BIRD
Here’s some interesting math for you. Between 2011 and 2014, Alberta Premier Jim Prentice was a Vice-President for CIBC, with a salary “reportedly over $2 million.” In Ontario, his 2013 provincial income taxes would have been calculated using a progressively increasing tax rate that topped out at 13.16% on income over $509,000. The provincial tax deducted from his … Continue reading FLAT TAX MATH YIELDS A T-BIRD →
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