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A sunshine list is a listing of salary, benefit and severance information. [1] Its colloquial name refers to the goal of illuminating government expenditures. [2] In Canada, the list is commonly used for example by provincial or municipal governments to identify any publicly employed person making CA$100,000 salary or higher. [3]
The equalization formula is "based on a three-year average of economic growth". Since the 2008 recession, the Ontario economy got stronger which resulted in lower equalization payments. [16] In 2012–2013 Ontario's equalization payments increased to a peak of $3.3-billion. It was projected to be $2-billion in 2014–2015.
Personal Tax Calculator: Options Calculator Archived 2019-02-02 at the Wayback Machine (web based) Ontario Teachers' Pension Plan : Basic FASB 123 calculator (web based; archived ) Alternative Minimum Tax Calculation: Employee Stock Option Fund (web based)
On the other hand, Manitoba, Quebec and The Maritimes have the country's lowest per capita GDP values. In the face of these long-term regional disparities, the Government of Canada redistributes some of its revenues through unconditional equalization payments and finances the delivery of comparable levels of government services through the ...
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On the other hand, in 1835, Pennsylvania instituted a tax on bank dividends, paid by withholding, which by about 1900 produced half its total revenue. [ 53 ] Several states, mostly in the South, instituted taxes related to income in the 1840s; some of these claimed to tax total income, while others explicitly taxed only specific categories ...
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The institute also offers a personal Tax Freedom Day calculator. [ 55 ] [ independent source needed ] The institute publishes three magazines: Fraser Forum , a bi-monthly review of public policy in Canada; Perspectives , a French-language review of public policy in Quebec and la Francophonie ; and Canadian Student Review , a look at current ...