I made 93K last year, paid 20K in taxes in Canada. Tell me how we're heavily taxed.

HRE wrote:

Ciro wrote:

Health care coverage is a huge benefit.

Absolutely. Before my wife and I got old enough for Medicare we were paying upwards of $1200 a month for a policy with something like a $500 deductible. Even if our taxes went up $1,000 a month for universal health care, which is way more than they would, we'd be ahead of the game.

Wow, thanks for sharing. Interesting to see those numbers.

When people talk about their taxes going up if we have single payer health care I don't believe a lot of them understand how much the insurance they have actually costs.

acanadianmaidian wrote:

That included health care.

I also got paid $537 from the government for carbon tax rebate. Net win for me cause I try to watch my carbon footprint.

So if you lived in the US and had two kids, you’d pretty much pay no federal tax. You’d get hit with Medicare/SS (7.65%) + any state/local tax depending on where you reside. And since you’re making such a solid salary, you have a job with benefits. To cover your family, you’ve got to spend $2400 a year for medical/dental/vision. It’s an HMO, but your family is healthy and it works out for you. I mean, you wouldn’t want to count on the Canadian system for anything serious either. Good solid lower middle class. You must be very content.

HRE wrote:

When people talk about their taxes going up if we have single payer health care I don't believe a lot of them understand how much the insurance they have actually costs.

I think that's probably a fair comment.

Ciro wrote:

HRE wrote:

When people talk about their taxes going up if we have single payer health care I don't believe a lot of them understand how much the insurance they have actually costs.

I think that's probably a fair comment.

I pay around $2k a year (in premiums) to cover my family of four. My employer kicks in another $20k a year. Do I think I would see any of this money if the US went over to a single payer government system? No fricken way. Would my coverage improve? No fricken way.

Rich, Healthy, and Happy wrote:

Ciro wrote:

I think that's probably a fair comment.

I pay around $2k a year (in premiums) to cover my family of four. My employer kicks in another $20k a year. Do I think I would see any of this money if the US went over to a single payer government system? No fricken way. Would my coverage improve? No fricken way.

Better never means better for everyone.

gfdbhgiuiolm,

acanadianmaidian wrote:

That included health care.

I also got paid $537 from the government for carbon tax rebate. Net win for me cause I try to watch my carbon footprint.

I wouldn't say you're heavily taxed. In Washington state, you'd pay less, but in CA/NY you'd pay slightly more. Bigger difference is you would probably get paid more for the same type of work in the US

Hardloper wrote:

acanadianmaidian wrote:

That included health care.

I also got paid $537 from the government for carbon tax rebate. Net win for me cause I try to watch my carbon footprint.

I wouldn't say you're heavily taxed. In Washington state, you'd pay less, but in CA/NY you'd pay slightly more. Bigger difference is you would probably get paid more for the same type of work in the US

Meant to add, this is assuming you're filing single/no dependents

70 K is the only amount of money that has remained?

Yea but you live in Canada.....you lose

Who gets the money that employers are now paying for employee health coverage is definitely something that needs addressing if we ever get around to seriously looking at single payer coverage. But even if employers keep it all you'd still have $2,000 that you don't have now and it's unclear how much of that would go to taxes to cover single payer. But no matter, calling yourself "Rich, Healthy, and Happy" isn't going to engender a ton of sympathy for your complaint.

Just filed my Canadian taxes

$91k combined income for me & spouse (+ 1 child).

Paid $6300 total Federal and Provincial.

Property taxes - in most places, they are .75-1.00%.

In Toronto, they are criminally low 0.48%