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#11
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Partially true federally. Other factors include child activities, TFSA reduction, cap gain and eligible dividend increase, and no bracket indexing on upper tax brackets. There have been Ontario provincial increases as well.
The CS tables at minimum don't reflect the 200k hit. Not that I have to worry about it, but for those who do, I'm guessing they've made a significant tax contribution by then. And if they are supporting children, they have more than they need. BTW, I don't want to leave Canada, and I'd never abandon my kids. It's not an option and the powers that make family law know this. It's my home, but don't let the CBC tell you there aren't other options. There's a reason it's hard to find a doctor for lots of good people. |
#12
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This is drifting into political... but TFSA is a horrible thing. It is a tax break exclusively for the wealthy, that represents an extreme level of intergenerational theft. RRSP's also require you to have a reasonable income, but at least that tax break is a gift to the future. You don't pay tax now, but you pay tax later. TFSA are a theft from the future, you pay tax now, but you don't pay tax in the future. TFSA is also a long-term gun aimed at the government, which is going to cost billions of dollars in the future. It is very right wing, it wrecks the tax base, which is kinda what the right wing likes. |
#13
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I get it. You like seeing hard working people have their money taken and redistributed. Makes sense now. You do know that socialism only works until you run out of other people's money to give away.
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#14
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You do know that clever writing only works until you run out of other people's quotes to claim as your own.
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#15
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I'm out. I'm ashamed I've allowed myself to get dragged this far into this, but I do believe every word I've written, and you've revealed your ideology.
That was a paraphrase, BTW, not a quote of Ms. Thatcher's and who knows if they are even her wise words or if she borrowed them as well. |
#16
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Some of these people have been indoctrinated into socialist ideology since they were children. For example, I have been told authoritatively and unequivocally by my high school teacher, a public sector union member of course, that socialism works.
Socialism "works" for the public sector unions; for most people working private sector on whose backs they get things like gold-plated pensions and paid Easter Mondays, not so much. The 2017 "Child" Support tables work for the recipients of the money (with some exceptions at the extreme low income end); for the fathers paying it, who have been essentially relegated to worker drone status, not so much. Alas, the idea that income ought to belong to the person who earned it through the work they did has somehow been lost in this country. It could benefit from more publicity. |
#17
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Well said. Thank you!
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#18
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50-50 is not easy for most dad's. You and I are lucky in that regard.
Offset child support on full table is also no great victory - this is not going both ways. How about offset on 50% of table value, since you each have the kids 50% of the time? How about CS values that top out at what it actually costs to raise a child? How about percentages that are fair to payers and leave incentive to accomplishment for receivers? I've seen what a sizeable CS cheque has done to my ex. She works for show. It's destroyed her motivation to do better. And it is a total anchor on my dreams as well. 67.92% at the top for upper middle class earners. Not the rich, just the upper middle. That means even well below this rate it is well over 50% if you have 2 kids. And this is just income tax and CS. Property tax, HST and all the other taxes are not included in this. |
#19
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As far as I'm concerned if I have the kids 50% then that is my half - of both money and time I owe into raising them. The idea that continually I owe the ex anything in that scenario is assinine. Sweden sees it this way:
https://en.wikipedia.org/wiki/Child_...country#Sweden Prior to my divorce proceedings, I always assumed this because to me it is common sense. Parents without shared parenting also deserve better than to be forced into a life of servitude to the ex. |
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Thread | Thread Starter | Forum | Replies | Last Post |
Post Secondary Education | Ginger_Mallow | Divorce & Family Law | 39 | 12-11-2012 09:18 PM |
Notional Grossed Up Child Support Amount? | Gary M | Financial Issues | 12 | 01-06-2011 06:23 PM |
Application For Spousal? | lorlaman | Divorce & Family Law | 16 | 01-04-2011 08:42 PM |
Offer to Settle Child Support - Is This Fair? | #1StepMom | Divorce & Family Law | 4 | 10-27-2009 08:50 AM |
Will I be Paying Spousal Support? | North of You | Financial Issues | 5 | 10-21-2009 04:05 AM |
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