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Tax amounts in various countries.
Can anyone find statistics on overall tax cost in the US vs. Canada? I keep hearing how great Canada is but the last time I talked to folks from Ontario they were crying the blues about taxes.
Here's what I am interested in. 1. Take a base of $40,000.00 gross income. 2. Income tax percentage/federal. 3. State income tax percentage/federal. 4. Sales Tax. 5. Health insurance. 6. Car insurance. 7. Home insurance. I realize this a lot to ask but some of you guys are pretty sharp and would know where to find some of this stuff. I was against this health care bill but I really want to see if we'd have been better off financially with single payer without all of the rhetoric and bullshit from either side. What do you have? |
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It is very important to remember that single payee was NEVER even discussed. This is the main reason I am against this healthcare fiasco. Another terrible provision in this bill is inscribing every american into a profit making tool of the investor class. |
This is interesting, although the source is interesting too:
http://www.unitednorthamerica.org/simdiff.htm Pete |
Let me put it this way, when I left Canada I was earning $50,000/year, now it took a while for me to reach that same level here but I found little difference. The healthcare surtax on my taxable income was 0.8%. The family plan in Ontario was $54/month. My income tax was a single amount easily calculated on a simple form. That one payment covered Fedearl income tax, Provincial Income tax and the Canada Pension Plan (somewhat similar to SS). There were no county or city income taxes.
Here I am given an incomprehensible set of forms, our tax returns tend to run to 8 or 9 pages so we hire a Tax Accountant $$$. We have a Federal Income Tax, a State Income Tax - the county income tax is rolled into the State tax, FICA (hey it is a tax on income) plus whatever amount it is they now charge for health care. Two different sets of forms, an annual headache and when I got to a similar salary as I was earning up North the taxes were within $100 of each other. For all that money I get a non functioning government, legalized bribery, and the NRA, not much of a bargain. Oh yeah, we are also beset with fees for this and fees for that, frex, when I took out a mortgage in Ottawa it cost $600, one form to sign, and that was that. When we signed the mortgage here (at least twelve forms, title insurance, yada yada) I signed a check for over $22,000. You get nickled and dimed to death here and do not even realize it. |
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I figured Rob, I was hoping you'd chime in.
One thing I've noticed, a big difference between the US and Canada, heck also Europe and most of the world, we are a LOT more rough and tumble culturally and I think it makes a lot of folks outside the US uncomfortable. But we like it :D Pete |
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John |
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You had the wild west, we had the Royal Canadian Mounted Police. One country born in violence the other in political bargaining. Are you really sure you like it? Or is it just all the hype that makes you feel that this is the way things should be? I rarely locked my doors in Ottawa unless we were all going out of town, not so here. |
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Oh, there's backbiting in every society, we just don't hide it well.
Pete |
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