Quote:
Originally Posted by the_only_turek_fan
The difference in taxes in Calgary and the rest of the country is quite significant.
I moved to Toronto in August and I thought the 8% PST soon to be 13% HST would not really be a big deal but it really does add up. There are so many different taxes hidden all over the place.
For example, my finace and I are looking at buying a place and the province here has a $8200 land transfer tax that we are going to get hit with.
Now a candidate for mayor wants to put in a $5 toll to use 2 of the major highways in the city...
I really wonder how people that make 40-50K survive in this market.
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My analysis didn't include sales or title transfer/property taxes, mostly because they're pretty comparable in both countries. The U.S. has sales taxes in most of the country, though 13% is pretty steep relative to the sales tax anywhere that I lived.
Property taxes in the U.S. are outrageous, though. They wanted
5000 dollars a year for a 200,000 dollar house in suburban Philly.
We decided to rent.