Friday, May 8, 2015

Mad as hell — Greater Fool – Authored by Garth Turner – The Troubled Future of Real Estate

Mad as hell — Greater Fool – Authored by Garth Turner – The Troubled Future of Real Estate: "To be a 1%er in Canada, you need an income of slightly more than $200,000 – about half what it takes to join the elite in the US. BORW guys earning over this level are taxed at a 48% marginal rate in Ontario (a surtax is boosting that above 50%), at 46% in BC and 39% in Alberta. (Expect this last number to soon change.)"



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