Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Business Income tax 1. Who decides how much income tax we should pay? 2. What sort of taxation system does Canede hove? 3. Is this

Business Income tax
image text in transcribed
image text in transcribed
1. Who decides how much income tax we should pay? 2. What sort of taxation system does Canede hove? 3. Is this a fair system? Explain your view. 4. What other type of toration system have some people suggested we should use in Canada 5. Do you think this would be a good idea? Explain why or why net> 5. Some of the answers to these questions were facts, but some were opinions. Which ones were facts and which were opinions? Facts Opinions Where the Money Goes The money we pay as tax on our income goes to the government of Canada and to the government of our province. Where do these governments spend our money? Read the lists below to find out The Provincial Government Our provincial government spends our income tax money on things that may be different in crer province For example, they spend it The Federal Government The federal government spends our income tax money on things that are the same everywhere in Conado. For example, they spend it on Employment Insurance the armed forces . the RCMP the Canada Pension Plan Immigration officers and customs officers transfer payments to the provinces hospitals schools . modis Some of the social assistance payments disability support programs provincial police By the way. The money you pay of income to go to publici community centres ar garbage collection. These are paid for by umil government using property maney from and the RCMP the Canada Pension Plan . immigration officers and customs officers transfer payments to the provinces roads some of the social assistance payments disability support programs provincial police By the way. The money you are income Todaste te public Series community centres ar perbage collection. These are paid for by unicipal governments using property taxes-money from wes on land and buildings 1 The de mention there. The programul The aide ou who headers of these govertown The essere de pomments The later the progres 1. Who decides how much income tax we should pay? 2. What sort of taxation system does Canede hove? 3. Is this a fair system? Explain your view. 4. What other type of toration system have some people suggested we should use in Canada 5. Do you think this would be a good idea? Explain why or why net> 5. Some of the answers to these questions were facts, but some were opinions. Which ones were facts and which were opinions? Facts Opinions Where the Money Goes The money we pay as tax on our income goes to the government of Canada and to the government of our province. Where do these governments spend our money? Read the lists below to find out The Provincial Government Our provincial government spends our income tax money on things that may be different in crer province For example, they spend it The Federal Government The federal government spends our income tax money on things that are the same everywhere in Conado. For example, they spend it on Employment Insurance the armed forces . the RCMP the Canada Pension Plan Immigration officers and customs officers transfer payments to the provinces hospitals schools . modis Some of the social assistance payments disability support programs provincial police By the way. The money you pay of income to go to publici community centres ar garbage collection. These are paid for by umil government using property maney from and the RCMP the Canada Pension Plan . immigration officers and customs officers transfer payments to the provinces roads some of the social assistance payments disability support programs provincial police By the way. The money you are income Todaste te public Series community centres ar perbage collection. These are paid for by unicipal governments using property taxes-money from wes on land and buildings 1 The de mention there. The programul The aide ou who headers of these govertown The essere de pomments The later the progres

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financing For Gender Equality Realising Womens Rights Through Gender Responsive Budgeting

Authors: Zohra Khan , Nalini Burn

1st Edition

1137461004, 1137461012, 9781137461001, 9781137461018

More Books

Students also viewed these Accounting questions