Quote:
Originally Posted by nfotiu
The point I was trying to make is that after deductions, which are much greater in the US, most Americans are paying more like in the mid 20% income tax at most. Alberta is not a great example to compaer either, as their budget is highly subsidized with oil money.
Your point stands though that someone making 40-50,000 a year or less is going to pay a much higher percentage of their income to health care, than someone making 200k in the US. Someone making 200k in the US is paying a lot less towards health care than someone making the same in Canada.
EDIT: I don't pay any state payroll taxes, btw.
I do think my point stands that I'd be paying at least 10% of my income more to taxes(inc health care) even in Alberta than I am paying in Virginia.
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Who pays for those deductions? The Gov't right? Who is the Gov't? The people, right?
You don't get those deductions for free, just like we do not get our health care for free. You pay for them so factor them in. And a lot of those deductions, particularily on residential mortgages, are what got the US into big doo doo.