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What would you do...

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Old Aug 18th 2010 | 5:56 am
  #76  
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Default Re: What would you do...

Originally Posted by triumphguy
Working in the underground economy may be less beneficial than paying taxes in the long run:

Off the top of my head -

One problem with paying under the table to re-roof your house (for instance) is that the poor bloody workers may also be paid under the table, and if they slipped and were injured and unable to work they couldn't claim compensation under the WCB.

The one doing the work (and/or his/her erstwhile employer) will have made no CPP contributions on the income and this may adversely affect their retirement.

Many government programs are only available to people and businesses who report their income.

On the other hand we have legal right to pay the lowest amount of taxes legally possible - that's why being self employed is advantageous!

However, even that has its downside - try getting a mortgage when you've maxed out all your write offs!
True, but not fully declaring one`s income is illegal
 
Old Aug 18th 2010 | 5:58 am
  #77  
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Default Re: What would you do...

Originally Posted by Almost Canadian
True, but not fully declaring one`s income is illegal
Absolutely!

That's the difference between tax evasion and tax avoidance!
 
Old Aug 18th 2010 | 6:11 am
  #78  
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Default Re: What would you do...

Originally Posted by triumphguy
On the other hand we have legal right to pay the lowest amount of taxes legally possible
I prefer to think of it as we have a legal and moral imperative to pay every single penny of tax required by the law - but not a single penny more.

Most people pay more.
 
Old Aug 18th 2010 | 6:11 am
  #79  
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Default Re: What would you do...

Originally Posted by triumphguy
Absolutely!

That's the difference between tax evasion and tax avoidance!
"Taxes are for little people."
 
Old Aug 18th 2010 | 6:55 am
  #80  
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Default Re: What would you do...

Originally Posted by JonboyE
I prefer to think of it as we have a legal and moral imperative to pay every single penny of tax required by the law - but not a single penny more.
I agree!

And I receive a great deal in return.
 
Old Aug 18th 2010 | 9:36 am
  #81  
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Default Re: What would you do...

so most answers are refering to this person working illegally, what about the illegal immigrant issue?
 
Old Aug 18th 2010 | 9:46 am
  #82  
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Default Re: What would you do...

Originally Posted by louise033
so most answers are refering to this person working illegally, what about the illegal immigrant issue?
They are linked are they not. Without be legally here, s/he will not be working legally. To me, they are one and the same.

If someone wasn`t here legally, but wasn`t working, or taking the benefits of being here legally, access to public services etc, I would have no issue with that (they would be, in essence, a tourist).
 

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