top | item 46763254 (no title) amrocha | 1 month ago I’m not playing a game, I’m comparing facts. The median person working in the US is poorer than the median person working in Canada. Fact.Average tax rates for people with the median income are basically the same in Canada or the US. discuss order hn newest dh2022|1 month ago Canadian income tax rates: [0]. Lowest tax rate for Ontario is about 19%(federal + provincial). For Quebec it is about 28% (!!!)For WA state - we only pay federal tax so the comparable tax rate is 12% [1].These rates mirror my perception when I lived in Montreal, Toronto, WA state.[0] https://www.canada.ca/en/revenue-agency/services/tax/individ...[1] https://www.irs.gov/filing/federal-income-tax-rates-and-brac... amrocha|1 month ago Then you’re paying higher consumption taxes and property taxes, and higher prices on business costs passed on to you. Do I even have to explain this? Just because you can’t see the ball anymore doesn’t mean it stopped existing load replies (1) willhslade|1 month ago In 2023, the median Canadian income was roughly $44K CAD. https://www150.statcan.gc.ca/t1/tbl1/en/tv.action?pid=111000...Looks like the USA in 2024 was $51K USD. https://en.wikipedia.org/wiki/Personal_income_in_the_United_...I know we need to adjust for health care, but I think the median income in the USA is higher.
dh2022|1 month ago Canadian income tax rates: [0]. Lowest tax rate for Ontario is about 19%(federal + provincial). For Quebec it is about 28% (!!!)For WA state - we only pay federal tax so the comparable tax rate is 12% [1].These rates mirror my perception when I lived in Montreal, Toronto, WA state.[0] https://www.canada.ca/en/revenue-agency/services/tax/individ...[1] https://www.irs.gov/filing/federal-income-tax-rates-and-brac... amrocha|1 month ago Then you’re paying higher consumption taxes and property taxes, and higher prices on business costs passed on to you. Do I even have to explain this? Just because you can’t see the ball anymore doesn’t mean it stopped existing load replies (1)
amrocha|1 month ago Then you’re paying higher consumption taxes and property taxes, and higher prices on business costs passed on to you. Do I even have to explain this? Just because you can’t see the ball anymore doesn’t mean it stopped existing load replies (1)
willhslade|1 month ago In 2023, the median Canadian income was roughly $44K CAD. https://www150.statcan.gc.ca/t1/tbl1/en/tv.action?pid=111000...Looks like the USA in 2024 was $51K USD. https://en.wikipedia.org/wiki/Personal_income_in_the_United_...I know we need to adjust for health care, but I think the median income in the USA is higher.
dh2022|1 month ago
For WA state - we only pay federal tax so the comparable tax rate is 12% [1].
These rates mirror my perception when I lived in Montreal, Toronto, WA state.
[0] https://www.canada.ca/en/revenue-agency/services/tax/individ...
[1] https://www.irs.gov/filing/federal-income-tax-rates-and-brac...
amrocha|1 month ago
willhslade|1 month ago
Looks like the USA in 2024 was $51K USD. https://en.wikipedia.org/wiki/Personal_income_in_the_United_...
I know we need to adjust for health care, but I think the median income in the USA is higher.