Post #918 by mungofitch on the Macroeconomic Trends and Risks board

If someone appears to be repeatedly personal, lean towards patience as they might not mean offense. If you are sure, however, then do not deepen the problem by being negative; instead, simply place them on ignore by clicking the unhappy yellow face to the right of their name.

- Manlobbi

Personal Finance Topics / Macroeconomic Trends and Risks

Unthreaded | Threaded | Whole Thread (5)

Prev | Next

Post New | Post Reply | Report Post | Recommend It!

No. of Recommendations: 4

The proposed bill would see the withholding tax applied to individuals and businesses increase by 5% per year until the rate reaches 20% above the statutory rate of 30%.

Interesting
My cursory reading suggested that it allowed for an increase in tax rate to a maximum of 20% above what it would otherwise have been in a given situation, not 20% above a 30% "norm". Reading legislative text is of course not exactly something to try quickly. They are professionals, I'm not.

Speaking of professionalism, I suppose etiquette, if not law, would demand the US formally withdraw from the Canada-US tax treaty (and all the others) rather than simply flagrantly violating it.

Jim

Post New | Post Reply | Report Post | Recommend It!

Print the post

Unthreaded | Threaded | Whole Thread (5)

Prev | Next

Announcements

Macroeconomic Trends and Risks FAQ

Contact Shrewd'm
Contact the developer of these message boards.

A community forum supporting civilized, and highly helpful, self-educating investors that come together for Shrewdness and merry spirits. These message boards closely follow the look and feel of the old message boards at boards.fool.com prior to the boards redirected to discussion.fool.com. Shrewd'm is not affiliated with the comprehensive and excellent investment website, The Motley Fool (TMF), in any way. The Shrewd commmunity here has owed, and continues to owe, gratitude to The Motley Fool for nurturing a culture of jovial irreverence towards Wall St, and that tradition will continue here.