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  • From: "Lynda" <lurine AT com-pair.net>
  • To: <homestead AT lists.ibiblio.org>
  • Subject: Re: [Homestead] The future of eldercare in the US
  • Date: Fri, 14 Aug 2009 08:16:41 -0800

Actually, Canadians pay just about the same as the U.S. until you reach a
certain income level and then folks in the U.S. pay more.

In Canada: 15% on first $40,726; 22% on next $40,726; 26% on next $44,812
and then 29% on any taxable income over $126,264.

In the U.S: 10% on first $8,350; 15% on $8350-$33,950; 25% on
$33,950-$82,250; 28% on $82,250-$171,550; 33% on $171,550-$372,950 and 35%
on $372,950 and above.

Lynda
The press corp is fact-adverse but very fable friendly.

----- Original Message ----- From: <DSanner106 AT aol.com>


That is true, as far as it goes, the taxes you pay make up the difference
in Canada though. You know it
all gets paid for one way or another. You do cut out some of the profit
mongers on the private side, insurance companies etc. but you create and
fund
a huge bureaucracy to manage your new system that is just as expensive if
not more so. Canada collects taxes at a higher rate than in the US,





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