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Old 10-11-2006, 11:48 AM   #21
Shazam
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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.
Shhhh... I once got into an argument with an American over this, who was convinced that the US had the lowest tax regime in the world(!). I then showed him a chart with tax rates around the world. He nearly had an anurysim.
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