5 ms·

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 fo

by amrocha 8mo 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.

willhslade 8mo ago
In 2023, the median Canadian income was roughly $44K CAD. https://www150.statcan.gc.ca/t1/tbl1/en/tv.action?pid=1110005501&pickMembers%5B0%5D=1.1&pickMembers%5B1%5D=3.11&cubeTimeFrame.startYear=2023&cubeTimeFrame.endYear=2023&referencePeriods=20230101%2C20230101 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_States 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 8mo 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/individuals/frequently-asked-questions-individuals/canadian-income-tax-rates-individuals-current-previous-years.html https://www.canada.ca/en/revenue-agency/services/tax/individ... [1] https://www.irs.gov/filing/federal-income-tax-rates-and-brackets https://www.irs.gov/filing/federal-income-tax-rates-and-brac...
- amrocha 8mo 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
  - dh2022 8mo ago
    I guess you have not lived in Canada... In Canada consumption taxes is for both federal and provincial (and city) governments. In US there is no federal consumption tax. (I think it is you who needs explaining not me....)

by amrocha 8mo ago

willhslade 8mo ago

In 2023, the median Canadian income was roughly $44K CAD. https://www150.statcan.gc.ca/t1/tbl1/en/tv.action?pid=1110005501&pickMembers%5B0%5D=1.1&pickMembers%5B1%5D=3.11&cubeTimeFrame.startYear=2023&cubeTimeFrame.endYear=2023&referencePeriods=20230101%2C20230101 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_States 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 8mo 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/individuals/frequently-asked-questions-individuals/canadian-income-tax-rates-individuals-current-previous-years.html https://www.canada.ca/en/revenue-agency/services/tax/individ... [1] https://www.irs.gov/filing/federal-income-tax-rates-and-brackets https://www.irs.gov/filing/federal-income-tax-rates-and-brac...

amrocha 8mo 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
- dh2022 8mo ago
  I guess you have not lived in Canada... In Canada consumption taxes is for both federal and provincial (and city) governments. In US there is no federal consumption tax. (I think it is you who needs explaining not me....)