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Old 10-11-2006, 11:29 AM   #19
Iowa_Flames_Fan
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Join Date: Jan 2005
Location: Over the hill
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Quote:
Originally Posted by Shazam View Post
I have a great opportunity for a person. You just need to take some plane rides, and be good at swallowing things
I told you man, I'm not doing that for you again!


Seriously, I think there's some confusion on the tax issue. Income earned in Canada is taxed in Canada. Income earned in the U.S. is taxed in the U.S. I'm not sure if the Canadian government will want a piece, but that's how it's worked for me. As far as I know, there's no way to earn Canadian dollars in the U.S, or to pay Canadian tax.

As for which country has higher taxes; the brackets are lower in the U.S., but payroll taxes are by comparison quite exorbitant. Don't be surprised if between state and federal taxes (collected separately), property tax, social security and medicare (which you start paying after about the first 18 months, I think) your taxes are substantially higher than they were in Canada. For me that's been the case. Sometimes people forget about those last two.
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