Quote:
Originally Posted by CliffFletcher
Wikipedia tells me the UK's top marginal tax rate is 60%. So whatever their special policy is for rich immigrants, they tax their own rich at a higher rate than Canada does.
And France's highest rate is 75%, Belgium's is 64%, Finland is 62%, Netherlands is 56%, and the U.S. is 56%. It's also worth noting that all of those countries, with the exception of the U.S., have a VAT (sales tax) of 15-25 per cent.
Anyone who thinks Canada has a high tax regime is clueless.
List of countries by tax rates
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I'm not sharp on this at all but it seems when you look at income tax only, Canada is now one of the very highest at 53%...higher than GB a 50%. And higher than all but a couple western nations. Of course you need to compare other taxes, what you get for taxes and other costs of living etc. But all the lists I can see put us squarely at the top.