August1991 Posted May 30, 2025 Report Posted May 30, 2025 Let's see how this plays out. ===== In civilised Canada, we cannot claim provincial taxes on our federal taxes. Quote
August1991 Posted June 11, 2025 Author Report Posted June 11, 2025 A tax is a tax. A province is a province. A state is a state. Before Trump, I was astonished to learn that Americans can claim their local state taxes on their federal taxes. IOW, you Americans can use your state taxes to reduce your federal taxes. In Canada, this is not possible. Quote
August1991 Posted June 13, 2025 Author Report Posted June 13, 2025 In Montreal, I pay about $4500 local annual property tax. In Canada, I cannot claim/reduce my federal tax with this local tax. ===== Canada is a civilsed federal state. Quote
August1991 Posted June 16, 2025 Author Report Posted June 16, 2025 I want to be clear about this - Americans can correct me. In America, a person can declare/reduce federal taxes with state/local taxes paid. If you pay state/local tax, you do not pay federal tax on the amount (SALT). This means that state/local government bureaucrats can spend money from other states. Amazing. Quote
August1991 Posted June 18, 2025 Author Report Posted June 18, 2025 Bump. ==== In Canada, we cannot reduce federal taxes = except in Quebec. Quote
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