A B
80,000 60,000
Federal Tax 14,610 10,210
Ontario Tax 5,759 3,091
EI 891 891
CPP 2,356 2,356
Total to CRA 23,617 16,548
Payroll After tax 56,383 43,452
Federal Credit 2,275 2,275
Ontario Credit 639 639
Total Cash 59,296 46,365
Cash for the family 105,661
Monthly Cash 8,805
FYI. You are richer than you think.