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Tell me more real estate tax questions ottawa

Regardless of whether we like it or not Taxes are a fact of living. Many people don't understand what the burden in taxes is that they pay on a daily, monthly or annual basis. Taxes have insidiously crept into our lives in many forms. Most citizens ante up federal state and local or municipal taxes. Do you ever look at your telephone invoice and see what taxes are added or other utility accounts? How about the taxes added at the petrol pump, use fees at national parks, tolls for tollways. Your boss is paying for your fica as much as you are with what is called the employment tax.

Is it a wonder that most homes require 2 jobs just to stay afloat these days. Sitting down a number of years ago I projected out what we paid in taxes and it was substantially over $50,000 for one year. I had calculated Federal, State, social security including employer share, property taxes, sales taxes (a rough estimate). It seems government on all levels is taking more and more day and night.

real estate tax questions ottawa

 

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