Canada's corporate tax rate is 15% Federal
With the Ontario Provincial rate 25%.
https://home.kpmg.com/content/dam/kp...6-and-2017.pdf
Read the bottom line. Incorporate. You should be in a position to do that.
Move to Syria -- I hear no one is paying taxes there anymore
Canada is more expensive for a lot of things -- not my fault.
Take 8% off your personal rate -- that is what healthcare costs are in the USA (at least). Like I said: Income Tax or a GST -- not both.
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I guess that Carpenter will have to raise his price but I am paying more taxes for his working under the table and not paying taxes -- in the USA he might get Medicaid, an Obamaphone and EBT-Food Stamp money declaring little or no income. Who do you think pays for that -- the tooth fairy?
Is that fair to me?