Quote:
Originally Posted by MarchHare
Once again, having a household income of $250k puts one in the top 1.5% of American families. If being richer than 98.5% of Americans doesn't classify you as being part of the wealthy elite, then what does? What number do you think makes one "wealthy"?
Healthcare and post-secondary education costs are indeed lower in Canada, but that's because they're both heavily subsidized by the government which is one of the reasons we collectively pay higher taxes than you do. I'm not sure if anyone has ever done a study to show which nation's citizens come out ahead in the end: Canadians who pay higher taxes but have lower out-of-pocket healthcare and education expenses or Americans who have a lower tax burden but must pay higher tuition fees and purchase private health insurance.
Moreover, wouldn't a family making a combined income of "only" $125k (which is itself four times the national median) have those same healthcare and education expenses too? How do they cope if a household with double that income "struggles" by your reckoning?
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How's this for a metric of who comes out ahead: Canadians live to about 81 years old; Americans to ~78 years old. That is a big difference and I'm sure there are some racial/geographic factors that may skew the difference downward on the American side but it is telling.
Financially, you make and keep more in the US but the quality of life is better in Canada notwithstanding the weather from November to April.