Are you assuming no pension payments, just living off your capital? I doubt ther... | Hacker News

Hacker News new | past | comments | ask | show | jobs | submit

login

wrp on July 8, 2023 | parent | context | favorite | on: Why you should not immigrate to Canada

Are you assuming no pension payments, just living off your capital? I doubt there is such a thing as non-taxable income. Also remember income tax isn't the only kind. How about property, VAT, automobile, etc.?

tromp on July 13, 2023 [–]

Yes, assuming no pension payments, i.e. someone who has yet to reach retirement age.

> Also remember income tax isn't the only kind. How about property, VAT, automobile, etc.?

My question is about the yearly national/federal+state taxes. Ignore consumer taxes.

Join us for AI Startup School this June 16-17 in San Francisco!
Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact