Living on $1 Million After Taxes in Newfoundland and Labrador, Canada #newfoundland #canada #salary

[amsmobile]

Don't forget the sales tax when you spend your remaining income

[blazenamber]

Resident of Newfoundland here, taxes here are an absolute joke. And on top of that they get billions from Offshore revenue and are still broke. None of them could find their A$$ with both hands.

[HeroesLeftInMan]

As someone who lives in Newfoundland. Millionaires don't pay taxes here.

[jeffreyhearn]

You are an all star! You added Labrador!!!!

[MrPublicexposure]

No way you can earn that in Newfoundland.

[Emitremmus]

Also the highest sales tax in the country at 15% and we just got a brand spanking new sugar tax last month as well. The wife and I are laying the ground work for a move to Hawaii by the mid 2020s. Same vibe with lower costs and no snow!

[markophobe]

On top of that our government just added a new sugar tax to sugar drinks and such…

[darkwaternorth]

Here in Ontario Canada we have taxes on pretty much everything else you have to buy 13%and government fees to drive, $1000 plus a year for drinking water, 3000plus a house tax mine is fortunately low compared to others 14¢ a liter of gas tax many many other hidden fees to live here in beautiful Ontario Canada Love my country believe taxes need to be lowered and government reduced.

[energon]

Bring tears to your eyes. Some told me today that an 80k salary wasn't enough and they wondered if Walmart was hiring for weekend work.

[DylanRoberts]

Unpopular opinion (though it shouldn't be), if you earn 1m$/year SALARY then yeah paying 50% in taxes is reasonable. Earning that much money is literally only the 1%. I live in New Brunswick and make about 50k/year and all in for provincial and federal taxes I'll pay about 15% overall after all the tax deductions I can claim as a normal 9-5 worker.. So yeah, your average Canadian isn't paying insanely high taxes either.

[azizalzarif]

Taxes here are bollocks. I earn 350 dollars a week and 100 dollars goes to tax. Joke.

[findlayyoung]

Pension contributions aren't really a tax though, unless you plan on checking out before retirement.

[drewshell]

I like your videos. For your next one could you show some cheap places to live.

[Sosothenewbienewfie]

Oh it really is!! Moved from ON, love it overall, but taxes, not to mention you have to reply on Galen Weston to feed you, and prices at those grocery claims are hella more more when you compare to Walmart, No Frills.. Only ONE No Frills in Mount Pearl, and that too its pretty small...
Good thing the cost of housing is still affordable...

[jagjitparhar]

You should never give more in taxes than you take home. What a joke

[travisayres]

I live in Newfoundland and the majority is poor not many jobs a lot of us newfies have to leave the province to make a some what decent living to anyone thinkin this is a good place to live don’t 😂

[eatscheaps]

Too many people saying "I'd be fine with that income after taxes" have never had 50% of their check taken by taxes. Commission checks in NY is something like 42% total, I know how bad that feels... I never want my check to be cut like that again.

[TwenOalley]

I feel like this is useless without comparing to other places. Most people aren't making a million a year so they don't know their local rates in that bracket.

[RobinetteBowman]

Starting wage in USA McDonald's $21 (usd) per hour 40 hr work week with Healthcare

[kacikoby]

NL resident here. we are taxed on taxes, no joke. They’re bleeding us all dry