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When living and working in Canada I was surprised that taxes were pretty much the same as what I’d pay in California. OECD data seems to back that up. https://
by surfmike 7y ago
When living and working in Canada I was surprised that taxes were pretty much the same as what I’d pay in California.
OECD data seems to back that up.
https://www.google.com/amp/s/m.huffingtonpost.ca/amp/2018/05/03/income-taxes-canada-lower-us-oecd_a_23426460/ https://www.google.com/amp/s/m.huffingtonpost.ca/amp/2018/05...
- andreilys 7y agoYet the cost of living is just as high in certain areas (Toronto and Vancouver) and the pay is abysmal. The offers I would get in Toronto and Vancouver would often be 25-30% of the ones I’d get in NYC and SF.
- foogazi 7y agoYou don’t have to live in Toronto or Vancouver and you’d still get health coverage If you chose to live in either of those cities that would be on you
- refurb 7y agoIncome taxes yes, but there are taxes like the HST, gasoline taxes, alcohol taxes that bump up the tax rate significantly. Taxes as a percentage of GDP Canada - 33% USA - 24% [1]https://www.oecd.org/tax/revenue-statistics-canada.pdf https://www.oecd.org/tax/revenue-statistics-canada.pdf
- jfk13 7y agoIf that USA figure is just tax, and doesn't include what people have to pay for health insurance, it's not really comparable, is it?
- surfmike 7y agoUnfortunately many of the best jobs are in CA and other high tax states (additional income tax, sales tax, etc.) where it starts becoming much closer. Also unclear if that link takes into account family transfers like the original link.