neubilder
Banned
Boy, you've got a hate on for capitalism (and reality in general)... .
It appears to me vox is calling a spade a spade....
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Boy, you've got a hate on for capitalism (and reality in general)... .
it appears to me vox is calling a spade a spade....
Boy, you've got a hate on for capitalism (and reality in general)... Ironically enough, you're posting on a board that is sustained and funded by pricey condo ads, bought up by rich capitalists...
Let's look at facts. One of those banks contribute more to the tax system, and quite frankly employment, then all the occupiers across Canada. So why the hate on again?
But back to 'unsafe' neighbourhoods, I compare sometimes because I feel this thread is somewhat unwarranted. I would argue that there really aren't any 'dangerous' neighbourhoods in Toronto. Hence the US comparison I guess.
Doesn't mean they're not stealing money. How much tax do you think banks pay, and in what country are most Canadian banks legally domiciled?
Yes, they may pay oodles of tax, but what is their effective tax rate? Is their effective tax rate the same one as you or I could hope to achieve (assuming we are unable to procure a bank licence)?
Well RBC for example pays taxes of about $1.5 billion each year on worldwide income of about $6 billion - a 25% rate. They are able to shave about $500 million a year using tax havens - but that is coming out of foreign taxes, not Canadian taxes.
That's the theory anyway ;-)
Thanks for setting me straight on this, especially putting figures to abstract concepts.
Absolutely. You should avoid the south side of King Street between Sherbourne and Princess. You can smell that new Indian take-away restaurant half-a-block away. It's delicious, and hard to walk past without getting a curry. It is dangerous to your wasteline.Is there any areas which we should avoid between these 2 areas?