Quote:
Originally Posted by Flames Fan, Ph.D.
I'm one who thinks this isn't as big a deal as people make out to be, so take that with a grain of salt. But if 5-10% is a factor for someone making 8 million, then why not for someone making 3 million. And this argument goes both ways: if you're living luxury life and it doesn't make a huge difference because you have the big bucks, who cares if you're taxed a bit more?
Anyways, I just think people want to live where they want. Plenty of high priced free agents take big contracts in cold, high tax locations. I don't think taxes is a major determinant here.
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I would agree with that for sure. I was curious if there's even that much of a difference in cost of living for the wealthy and if there is, I doubt it's high enough to even make a difference. Different than us deciding if we want to spend 40% of our wage on housing in Calgary or 75% in Vancouver anyways.