- Jul 17, 2002
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As many of you know, I've started my first real career job out of university. Today was my first payday, and was I ever excited; monthly salary = big bucks!!
So I open up my pay stub to see the government take 30% of my money.
Of this large amount of money, 5% was for the Canadian Pension Plan and 2% for Unemployment Insurance.
Now fortunately, with all the tax credits I have accumulated over the last 4 years of being a student will allow me to get all this money back come tax time. But this is a short term effect on the big picture.
Therefore today I become extra critical of government spending and advocate the rise of economic freedom!!
So I open up my pay stub to see the government take 30% of my money.
Of this large amount of money, 5% was for the Canadian Pension Plan and 2% for Unemployment Insurance.
Now fortunately, with all the tax credits I have accumulated over the last 4 years of being a student will allow me to get all this money back come tax time. But this is a short term effect on the big picture.
Therefore today I become extra critical of government spending and advocate the rise of economic freedom!!