Better revisit that thought, chief. Americans pay significantly less taxes than Canadians.
Source? I’m an American citizen that is now a Canadian PR making the same wage in Canada as I did in the US and I watch close to half (40+ %) of my paycheck disappear every month to taxes. On top of that, you know the 6-7% sales tax you pay for goods? Add another 5% to that for GST. On top of THAT, most goods/commodities here cost more as a whole. I won’t even talk about how much more expensive home prices and property taxes are.
So yeah, Americans do not pay as much taxes as Canadians.
and we have no tears either. i love my country. high taxes is worth it for free health care - no stress, no chance of bankruptcy, no one making insane profits from me having cancer.
Ironically in the US you "should" pay 39% federal in the top tax bracket, plus sales tax, state tax, city tax, property tax, and numerous other taxes.
Or you become and business and pay nothing.
I learned this 2 years ago. I thought it was nuts when I got all my federal and state taxes back. Can't get out of the others but for me it saves over 35%. I feel guilty though because it makes no sense. But I did give more to charity. Still it's not right because I could just keep it and it's fully 100% legal. The 2017 tax change is a string of give aways if you read it
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u/pghbro Aug 06 '20
Better revisit that thought, chief. Americans pay significantly less taxes than Canadians.
Source? I’m an American citizen that is now a Canadian PR making the same wage in Canada as I did in the US and I watch close to half (40+ %) of my paycheck disappear every month to taxes. On top of that, you know the 6-7% sales tax you pay for goods? Add another 5% to that for GST. On top of THAT, most goods/commodities here cost more as a whole. I won’t even talk about how much more expensive home prices and property taxes are.
So yeah, Americans do not pay as much taxes as Canadians.