ST Alpha - "i would have to spend 11,538 on *taxable* items to pay $1500 in a year." (Reading a Post)

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In response to "i'm in ontario (land of 13% tax) and there is no way in hell i come close either. -- nm" by Andie

i would have to spend 11,538 on taxable items to pay $1500 in a year.

Posted by Andie (aka Andie) Feb 17 '11, 12:38

so, groceries are out of that equation.

i don't spend $1000 a month on 'stuff.'

Responses:

right, unless you're Sarah Jessica Parker with clothes, you're not getting there. -- nm - Reagen Feb 17, 12:39 9
- No, but I'm not *that* far either - Guigue Feb 17, 12:41 8
  - What's taxed there? Mortgage....rent.....anything that is a transaction? - Will Hunting Feb 17, 12:43 5
    - Yeah, very few would ever hit $18,000 per household. That was my bad. However, most services get hit. Clothes. Cars. New homes. - Name Withheld By Request Feb 17, 12:48
    - not everything. and it varies by province. but generally things like groceries, no tax, resale houses, no tax, some places kids clothes, no tax. -- nm - Andie Feb 17, 12:44 3
      - Yeah, then you'd have to be absurdly spendy to reach this level. -- nm - Will Hunting Feb 17, 12:46 1
        
        (and Guigue was trying to figure if he go to that figure in a *year* not a *month*.) -- nm - Andie Feb 17, 12:47
      - No taxes on hard drugs and hookers either - Guigue Feb 17, 12:45
  - (Which doesn't much matter much in the dicsussion anyway, since we're comparing month vs. year. I'm just saying) - Guigue Feb 17, 12:43 1
    - (I'm not drunk BTW, not really) -- nm - Guigue Feb 17, 12:44
How about you and Dave combined? Because the Cobra payments are household costs, are they not? -- nm - Name Withheld By Request Feb 17, 12:39 6
- are you telling me that a *couple* would get Cobra coverage, for a *year*, for $1500? no, that's monthly. - Andie Feb 17, 12:41 2
  - No, not $1,500 a month, no. But have you ever really looked at how much tax you do pay? - Name Withheld By Request Feb 17, 12:45 1
    - of course i do. -- nm - Andie Feb 17, 12:47
- Oh shit. Totally went over my head that it was annual vs monthly. Call off the dogs. - Name Withheld By Request Feb 17, 12:41 1
  - Right, that was my way of highlighting the gap. -- nm - Reagen Feb 17, 12:44
- and *monthly*. -- nm - Reagen Feb 17, 12:41

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i would have to spend 11,538 on *taxable* items to pay $1500 in a year.

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i would have to spend 11,538 on taxable items to pay $1500 in a year.