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Old 02-24-2014, 05:21 PM   #16
FerrariEnzo
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Quote:
Originally Posted by radioman View Post
Cool beans

It bothers me when people say "hope it doesn't bump you into the next tax bracket" because they're basically saying "Hope you don't make more money".

Canadian income tax rates for Individuals
5.06% on the first $37,606 of taxable income, +
7.7% on the next $37,607, +
10.5% on the next $11,141, +
12.29% on the next $18,504, +
14.7% on the next $45,142, +
16.8% on the amount over $150,000


Yea I hear people say this.. if your going to work more hours, make enough so you just under the next tax bracket but not over it..
so on your next $37k, it wont matter if you make $10k or $37k, you still get taxed 7.7%...
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