Quote:
Originally Posted by ADL Colin
Hmmm. They look pretty high to me when you combine the province + federal rate. Income over about $125k is taxed at 39-47% depending on province . Guess that's how they keep the population down in New Brunswick.
But then again, I think Californians are taxed to death. I intentionally moved to a state with no state income tax.
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As always I find it amusing when someone who has never lived here and isn't Canadian presumes to tell me how it is with *my* taxes. :D
Figure out what YOU pay in income tax, then add in all the money you fork over for health care insurance (include the extra you pay for your family if you have any such dependants) and then tell me who pays more. PLUS... doesn't your health care coverage only cover costs up to a certain point? I hear from certain American friends of mine that most plans only cover you up to 80%. If that's your case as well then on a $50K hospital stay you'd still be on the hook for $10K.
Please, don't even try to argue which system is better. I'm sure the USA has people in place who are smart enough to take the best of the Canadian/UK/Swedish etc systems and develop an even better system than any of them. Right?
:D