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In response to
"No, but I'm not *that* far either"
by
Guigue
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What's taxed there? Mortgage....rent.....anything that is a transaction?
Posted by
Will Hunting (aka JoeMetz)
Feb 17 '11, 12:43
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18000 a year is the equivalent here in COBRA costs...if you pay 15% tax on every dollar you spend, you'd need to transact, $120k in material.
That's a lot of money.
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Responses:
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Yeah, very few would ever hit $18,000 per household. That was my bad. However, most services get hit. Clothes. Cars. New homes.
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Name Withheld By Request
Feb 17, 12:48
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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
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Andie
Feb 17, 12:44
3
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