Quote:
Originally Posted by MrPinks
Wait a minute. There's no income, sales or property tax in Canada?
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Yes there is ....
- We pay roughly from 12 to 55 % income tax
- There is a federal sales tax of 5 %
- Most states have taxes of about 5 to 7.5 %
- Property taxes are municipal, but they are there .
But, since BradM brought in the medicare system ( was not the topic of this thread, but obviously a thorn for him ) , if you have no income, no assets, nada ... you still receive the same medical care as the billionnaire ... ( just a bit like " The Bucket List " tough that was a private US hospital ).
What my dad went thru would have cost him in the states a fortune, because after a colon cancer his premium would have skyrocketed and after a first triple by-pass with 10 days induced coma, he would have not been insurable anymore. So the second heart attack would have cost him about 250K per US standards.