U.S. Middle Class nearly gone

[SickBeast]

Au contraire mon frere.

http://www.finweb.com/taxes/5-difference...z3u7lPtAmW

In Canada, tax revenue makes up 38.4 percent of the GDP, while in the United States, the tax revenue makes up 28.2 percent. This is largely due to the differences in the way each government spends money.

One of the biggest differences is the way each government funds health care.


American and Canadian citizens in lower income brackets are taxed at roughly the same rate, while Canadian taxpayers in higher tax brackets pay higher taxes than do their American counterparts.

You guys get shafted on higher sales and use taxes as well, some of which don't exist here.

And look at that- your government taxes 10% more of GDP, and in my example was a little over 10% difference in retained income.

Yeah, I need to study up to figure it costs a shit ton of money to give healthcare to everyone and the people earning money are the ones that end up paying it.

So we pay 10% more tax but you guys pay on average $4500/year on health insurance. There is no way that I pay $4500/year more in tax than you, so essentially we pay *less* tax overall.