byronkentgraham
Active VIP Member
I already posted my thoughts on health care.
$600 a month for high quality healthcare is NOTHING. If we could cut our taxes in half and pay 600-1000 bucks a month for healthcare I would do it in a second.
Obummer in for another 4. God help us.
- Thread starter DaveB
- Start date
I already posted my thoughts on health care.
$600 a month for high quality healthcare is NOTHING. If we could cut our taxes in half and pay 600-1000 bucks a month for healthcare I would do it in a second.
teeroy
Active VIP Member
cut our taxes in half? what planet are you on dude? lol
Summiteer
Active VIP Member
Canadian Income Tax Rates according to CCRA website What are the income tax rates in Canada?
American Tax Rate according to Wikkipedia
10%$0 to $8,700
15% 8,700 to $35350
25%$35,350 to $85,650
28%$85,650 to $178,650
33%$178,650 to $388,350
35%$388,350+
So at $85,000.00 taxable income (after base deductions) in Canada you pay $15710.46 federal tax. In
US you pay $21250.00 Federal tax....
At 100k in canada you pay just over 30K while in the States you pay 28K
At 150K in US you pay $42000 in Canada you pay $33240
In Canada basic health care is covered, in the US...........
- 15% on the first $42,707 of taxable income, +
- 22% on the next $42,707 of taxable income (on the portion of taxable income over $42,707 up to $85,414), +
- 26% on the next $46,992 of taxable income (on the portion of taxable income over $85,414 up to $132,406), +
- 29% of taxable income over $132,406.
American Tax Rate according to Wikkipedia
10%$0 to $8,700
15% 8,700 to $35350
25%$35,350 to $85,650
28%$85,650 to $178,650
33%$178,650 to $388,350
35%$388,350+
So at $85,000.00 taxable income (after base deductions) in Canada you pay $15710.46 federal tax. In
US you pay $21250.00 Federal tax....
At 100k in canada you pay just over 30K while in the States you pay 28K
At 150K in US you pay $42000 in Canada you pay $33240
In Canada basic health care is covered, in the US...........
- Thread starter
- #164
DaveB
Active VIP Member
What about Provincial taxes? What are the income tax rates in Canada? Add another 10% for Albertans. We have a lot of other taxes as well.....we are double taxed on nearly everything....
rzrgade
Active VIP Member
Tax rates are one thing it's after tax income that counts.....lol
Summiteer
Active VIP Member
Was comparing Canadian to American taxes. The States all have their own taxes as well. Everyone seems to think that they pay much less in tax than we do. Not always the case.
Summiteer
Active VIP Member
Which would be directly affected by tax rates..... No?
rzrgade
Active VIP Member
More precisely you mean the amount of tax write offs per respective country ,I would venture to say ......
waynemags
Active VIP Member
on the lighter side..........http://www.youtube.com/watch_popup?feature=player_embedded&v=WH_a0cGVRmI pretty funny obama impresionist
eclipse1966
Active VIP Member
teeroy
Active VIP Member
Romney showing his true colors after losing the election....lol Mitt Romney's Campaign Cancels Staffers' Credit Cards In The Middle Of The Night - Forbes
The last days of Romneyland - First Read
The last days of Romneyland - First Read
- Thread starter
- #172
DaveB
Active VIP Member
Obama showed his true colors too: Obama Shuts Down 1.6M Acres to Oil Shale Development
teeroy
Active VIP Member
that's good for us, no?
- Thread starter
- #174
DaveB
Active VIP Member
Sure. But one of his most touted campaign promises was to be energy self-sufficient. Cancelling drilling programs isn't gonna get it done.
One reason they scaled back the area because of it being on environmentally sensitive land.
There is no way the U.S. will ever be energy self sufficient. Not in 4 or 20 years.
There has to be some serious changes in the way people think, and live their lives.
The gravy train will soon come to an end, no more cheap gas, no more big V8 gas guzzling SUV's getting groceries....etc.
Fiscal cliff is coming Jan. 1, 2013
There is no way the U.S. will ever be energy self sufficient. Not in 4 or 20 years.
There has to be some serious changes in the way people think, and live their lives.
The gravy train will soon come to an end, no more cheap gas, no more big V8 gas guzzling SUV's getting groceries....etc.
Fiscal cliff is coming Jan. 1, 2013
Yeah, I'm sure he is still bitter that he has to go back to his $250 million bank account and executive boards that pay $1000+/hr instead of working 90 hour weeks for 4 straight years for $250k/year and having to live with a Secret Service escort for the rest of your life.
teeroy
Active VIP Member
wow....very interesting.
eclipse1966
Active VIP Member
Guys like Romney dont get into the politics for the money but for the power. So, he has money but doesnt have the power like the President's chair gives.
teeroy
Active VIP Member
willy willy willy....they use their power over policy creation etc to help out big business in turn for a cushy job after their term.
eclipse1966
Active VIP Member
granted he will not have the same power you do in Nelson but he still has some arm twisting advantages.
