If you can read this, either the style sheet didn't load or you have an older browser that doesn't support style sheets. Try clearing your browser cache and refreshing the page.

(CBC)   Wealthiest 1% earn 10 times more than average Canadian. Just 10 times? American CEOs laughing hysterically   (cbc.ca) divider line 17
    More: Interesting, Canadians, median household income, First Nations, Statistics Canada  
•       •       •

4079 clicks; posted to Main » on 12 Sep 2013 at 2:01 PM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



Voting Results (Smartest)
View Voting Results: Smartest and Funniest

2013-09-12 02:56:29 PM  
2 votes:
and their banks are stable too. and they have national health care. it must be magic.
I was told in no uncertain terms that this is unpossible to achieve.
2013-09-12 02:37:15 PM  
2 votes:
US top 1%: $394,000 (source), median household: $50,000. 8x multiplier.

What was Subby's point again?
2013-09-12 02:32:42 PM  
2 votes:

Joe Blowme: And yet another jealousy thread


I don't think any of us here give a shiat about how much money someone else makes. The problem is that the majority of us don't have enough money to meet our own essential living costs.

Live and let live.
2013-09-12 02:14:07 PM  
2 votes:

monoski: I am taking it that subby meant 10x the average Canadian CEO
//the way it was written it could be read as citizen then it would not sound so impressive


I think it would be impressive if (more) CEOs made sure they were only paid 10x more than their lowest-paid employees. Everyone can grow together. But that would require a rethinking of profits, corporate structures, and the like, and without impetus to do so, few CEOs would volunteer for it.
2013-09-12 02:11:14 PM  
2 votes:
Its like Canada is trying not to be a 3rd world shiathole. Wusses.
2013-09-12 03:27:52 PM  
1 votes:

cyber_slacker: So I'm in the top 10%, without having to live in a shi*hole like Alberta :)

\Montreal
\\I.T.


This shiathole called Alberta pays for your infrastructure to the tune of $7.8B this year.

Just remember that when you wanna get all edgy.
2013-09-12 03:26:54 PM  
1 votes:

JMacPA: uber humper:

No I was wrong.  It looks like Canadians pay taxes on world wide income. I don't have time to look more into it, now -- but that's interesting.

We do.  The major difference is that if you're not living in Canada (like me) you don't have to file or pay Canadian income tax (except on some income earned in Canada).  It's YOUR location that's important.


Thanks for clearing that up.  It makes sense.  If you're not living in the country, you're not using the services. The US tax system treats us like serfs. No matter where go we have to pay the lord.

upload.wikimedia.org

**Countries (2) in pink have citizenship-based taxation where that citizens pay regardless of residence
http://en.wikipedia.org/wiki/International_taxation
2013-09-12 03:21:54 PM  
1 votes:

uber humper: sure haven't: uber humper: Canada doesn't tax world wide income (the US is the only [developed] country to do so).  They have no idea how much rich Canadians make.

Wait... does that mean I can buy into stocks and mortgage funds abroad and not pay tax on the gains from it?
(serious question)

No I was wrong.  It looks like Canadians pay taxes on world wide income. I don't have time to look more into it, now -- but that's interesting.


The difference is that if you're American, you have to pay taxes for TWO countries - the one you live, and Amurrriccaaaa's.

With Canada (and virtually every other country in the world), you pay one or the other.
2013-09-12 03:21:42 PM  
1 votes:

ComicBookGuy: blacksharpiemarker: Joe Blowme: And yet another jealousy thread

I don't think any of us here give a shiat about how much money someone else makes. The problem is that the majority of us don't have enough money to meet our own essential living costs.

Live and let live.

And the fact that the shiatty lifestyle of the poor is definitely fueling the opulence of the rich, and the retarded lower/lower-middle class Teabaggers voting against their own economic self-interest is rage inducing.


The poor aren't fueling anything for anyone and the above average educated and above average income teabaggers possibly have more ethics than a person who consistantly votes for their own economic interests.  Everything is not outcome based for everyone.  It is in my economic best interest to murder an old couple down the street and search their home for cash and jewelry, but I'm not going to go and.....come to think of it, I have been torn between a Rem 7600, cheap used 7400, a BAR and I've been weighing those against others things I want to buy like a shed for the yard, a new car, some motorcycle parts, and a media PC.  I could just buy it all and not even have to use my own money.  fark it and fark the tea party and all the legal governance shiat.  Self-interest is where it's at.  Might divorce the wife and hook up with a skank with two kids living in $150 per month section 8 housing while I'm at it.   I'll be living like a king.  I suddenly feel total rage towards anyone who is retarded enough to ignore their own self-interest.
2013-09-12 03:08:59 PM  
1 votes:
 

Heims: I came to express my outrage, until I RTFA and found I was in the Top 10%.

Ahhh, oilfield.  Most of us are Top 10%.


My friend is a lib.

He was biatching about the 1%.
I commented that he is a 5% er, even though he has no spare money.

I let him know that he needs to be careful about jacking up taxes on those that "make more than him" because "those guys can afford it",
because to 90% of the masses... HE is the fat cat that needs his taxes doubled or tripled.
rka
2013-09-12 03:03:33 PM  
1 votes:

Hobodeluxe: and their banks are stable too. and they have national health care. it must be magic.
I was told in no uncertain terms that this is unpossible to achieve.


Then why does the CBC report that the Canadian banks secretly (or at least on the down low) received over $114 Billion in "assistance"? Or that they even tapped into funds set up by the US Federal Reserve?

<blockquote><i>
"At some point during the crisis, three of Canada's banks - CIBC, BMO, and Scotiabank - were completely under water, with government support exceeding the market value of the company," Macdonald said.
"Without government supports to fall back on, Canadian banks would have been in serious trouble."
 </i></blockquote>

Hmm.
2013-09-12 02:57:01 PM  
1 votes:

No Such Agency: procopulus-x:
When you're paid in beavers...

Sadly, as a Canadian and I can testify that I have never been paid for anything in beavers.


Some guys are paid in beavers, some guys pay for their beavers...

/life's not fair
2013-09-12 02:42:08 PM  
1 votes:
Less wealth disparity, better economy, better healthcare, better education, and once this global warming thing gets really get going and melts the permafrost they'll have even greater area for development and agriculture.

I'm putting my bet in now that after we lose to China, and China collapses, Canada will be the world's power.
2013-09-12 02:26:30 PM  
1 votes:
And yet another jealousy thread
2013-09-12 02:10:40 PM  
1 votes:
That seems about right, actually.
2013-09-12 02:06:34 PM  
1 votes:
I came to express my outrage, until I RTFA and found I was in the Top 10%.

Ahhh, oilfield.  Most of us are Top 10%.
2013-09-12 02:04:34 PM  
1 votes:
That almost sounds Pareto rule compatible.  Wouldn't that be nice.
 
Displayed 17 of 17 comments

View Voting Results: Smartest and Funniest


This thread is closed to new comments.

Continue Farking
Submit a Link »
On Twitter





In Other Media


  1. Links are submitted by members of the Fark community.

  2. When community members submit a link, they also write a custom headline for the story.

  3. Other Farkers comment on the links. This is the number of comments. Click here to read them.

  4. Click here to submit a link.

Report