Homestead mailing list

["Lynda" <lurine AT com-pair.net>]

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,