Re:Google's expansion plans show why Canada's tech boom is h...
by yibg on Sunday February 09, 2020 @03:44AM
(#22281093)
Marginal tax gets above 50% pretty quickly. For example Ontario takes a bit about 200k a year to get >50%. For average tax rate yes you’ll need a lot more. 800k a year gets you pretty close at 49.1%. Sounds like a lot but that’s “only” 600k usd at today’s exchange rate. High but in the ball park of a staff level engineer at Facebook or google.
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