{"id":2372,"date":"2008-07-09T20:36:31","date_gmt":"2008-07-10T00:36:31","guid":{"rendered":"http:\/\/www.prefblog.com\/?p=2372"},"modified":"2008-07-09T20:36:31","modified_gmt":"2008-07-10T00:36:31","slug":"marginal-tax-rates-ontario-2008","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=2372","title":{"rendered":"Marginal Tax Rates: Ontario 2008"},"content":{"rendered":"<p>Here are the rates from the <a href=\"http:\/\/www.ey.com\/GLOBAL\/content.nsf\/Canada\/Tax_-_Calculators_-_2008_Personal_Tax\">E&#038;Y Tax Calculator<\/a>, as updated to include legislation to May 8, 2008.<\/p>\n<p>Clawbacks are not included; I am hopeful that at some point I will be able to get some authoritative data on the effects of clawbacks, but have not found anything credible &#8230; please contact me if you do know of any credible public sources!<\/p>\n<table border=\"1\">\n<tr>\n<td>Investors<\/td>\n<td>Taxable Income<\/td>\n<td>Marginal Rate<br \/>on Interest<\/td>\n<td>Marginal Rate<br \/>on Eligible Dividends<\/td>\n<td>Equivalency Factor<\/td>\n<\/tr>\n<tr>\n<td>Widows &#038; Orphans<\/td>\n<td>$30,000<\/td>\n<td>21.05%<\/td>\n<td><strong>0.00%<\/strong><\/td>\n<td>1.27<\/td>\n<\/tr>\n<tr>\n<td>Professionals<\/td>\n<td>$75,000<\/td>\n<td>39.41%<\/td>\n<td>13.81%<\/td>\n<td>1.42<\/td>\n<\/tr>\n<tr>\n<td>Plutocrats<\/td>\n<td>$150,000<\/td>\n<td>46.41%<\/td>\n<td>23.96%<\/td>\n<td>1.42<\/td>\n<\/tr>\n<\/table>\n<p>These figures are not much different from the <a href=\"http:\/\/www.prefblog.com\/?p=236\">2006 numbers<\/a>. The top marginal rate on eligible dividends is <a href=\"http:\/\/www.prefblog.com\/?p=1983\">expected to increase to 26.7% in 2012<\/a>; this would decrease the equivalency factor to 1.37. But frankly, I take estimates of future taxation rates with a grain of salt &#8211; we have no way of knowing what will be politically convenient next month, let alone four years off.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Here are the rates from the E&#038;Y Tax Calculator, as updated to include legislation to May 8, 2008. Clawbacks are not included; I am hopeful that at some point I will be able to get &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[30],"tags":[],"class_list":["post-2372","post","type-post","status-publish","format-standard","hentry","category-taxation"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/2372","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2372"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/2372\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2372"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2372"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2372"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}