• 2 Posts
  • 38 Comments
Joined 1 year ago
cake
Cake day: June 21st, 2023

help-circle









  • What about the taxes not paid on income through deductions? If the business is paying out 25-30% in legitimate expenses against the Doctor’s income, it’s a push. No-one has got anything near an increase to keep up with inflation over the past time span they reference - that’s why Galen Weston is the poster-boy for corporate greed: HE makes more (as do the investor-class of land-owners and stock-players) while we plebes foot the bill.

    Goddam, I’d like to get ahead, too, who wouldn’t? But the implicit message here is “Pay me more or I’m gone.” So CTV interviews one doctor who’s uncertain she’ll get sufficient ROI on her Canadian taxpayer subsidized education, who’s facing making a median $250K a year and upset that after expenses and taxes, she won’t have enough left to pay herself anything but “a pretty low rate”.

    How low? Well… $250K minus 30% expenses is $175K - and if they are legit deductions, her tax bill will be around $38500, leaving her $136500 as take home. That’s $47.40 per hour.

    Here’s some free advice, buttercup, we’re all in the same boat, we just don’t all work in a profession that garners 6-month probationary writers to hear us whinge.