{"id":2374,"date":"2008-07-10T11:23:44","date_gmt":"2008-07-10T15:23:44","guid":{"rendered":"http:\/\/www.prefblog.com\/?p=2374"},"modified":"2008-07-10T11:23:44","modified_gmt":"2008-07-10T15:23:44","slug":"2374","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=2374","title":{"rendered":"Marginal Tax Rates: BC 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 on Interest<\/td>\n<td>Marginal Rate on Dividends<\/td>\n<td>Equivalency Factor<\/td>\n<\/tr>\n<tr>\n<td>Widows &#038; Orphans<\/td>\n<td>$30,000<\/td>\n<td>20.24%<\/td>\n<td><strong>0.00%<\/strong><\/td>\n<td>1.25<\/td>\n<\/tr>\n<tr>\n<td>Professionals<\/td>\n<td>$75,000<\/td>\n<td>32.50%<\/td>\n<td>4.40%<\/td>\n<td>1.42<\/td>\n<\/tr>\n<tr>\n<td>Plutocrats<\/td>\n<td>$150,000<\/td>\n<td>43.70%<\/td>\n<td>18.47%<\/td>\n<td>1.45<\/td>\n<\/tr>\n<\/table>\n<p>Look at those rates, eh? The choice between interest and dividends is roughly the same <a href=\"http:\/\/www.prefblog.com\/?p=2372\">as in Ontario<\/a> at all income levels &#8230; but I look at the rate on dividends for &#8220;professionals&#8221; and I just can&#8217;t believe my eyes!<\/p>\n<p>The comments to the Ontario update included some discussion of the calculation of the equivalency factor in the presence of the OAS clawback.<\/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-2374","post","type-post","status-publish","format-standard","hentry","category-taxation"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/2374","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=2374"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/2374\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2374"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2374"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2374"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}