Postby X.Playa » Mon Mar 17, 2008 1:04 pm
This is the end of the year and every year is a tax year, this my break down from my T-4.
Net income 40,000
Net tax , 9,700
E.I , 3500
R.R.S.P 1700
thats almost 20,000 deductions.
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Now the rest of the 20,000 was spent as thus.
500 rent X 12= 6000
300 food X 12 = 3600
200 utilities X 12= 2600
car/trans = 1200 minimum
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total 13300
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7000 left , divide that into all other expences, be it remmitence to cloths , to other non-mentionbales.
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after all that iam asked to pay $1800 in taxes , which leaves me indebt to the goverment of the few $$$ I even tried to save.
Now at this rate , non of us can have any other life but to work to live and to fule their economy.
Now after 17 years at last it downed on me i was better off with my camles in somalia , at least there i don't have to worry about a place to sleep or bills to pay , or a little BOSS who slaves you..
what you think guys?? is it possible to make it , on those terms, i don't think so.