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  • From: DSanner106 AT aol.com
  • To: homestead AT lists.ibiblio.org
  • Subject: Re: [Homestead] The future of eldercare in the US
  • Date: Fri, 14 Aug 2009 12:47:29 EDT

true, If I were wealthy I would prefer their system, the fixed top rate of
29 percent is nice for them, and ours is about to go up. The difference is
when you remove our massive defense spending, you realize how much more
they are taxed to pay for everything else, including their health care
system.
My point is just that you cannot think the 25 dollars per month they
charge per person actually pays for their health care system. They tax you
on
the other end to cover the majority of costs.

Drew


In a message dated 8/14/2009 12:21:33 P.M. Eastern Daylight Time,
lurine AT com-pair.net writes:

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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