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Difference between U.S. and Canada tax rates?
If I earn 30k per year, if you add up federal, state/provincial, social security/insurance, etc. what's the difference in tax % between U.S. and Canada? Just in general is fine, but if you want to get specific, what's difference between Alberta and Illinois tax?
2 Answers
- cuztis209Lv 41 decade agoFavorite Answer
Total tax rate (as a percentage of GDP in 2005):
Canada 37.2%
USA 29%
http://journal.ilovephilosophy.com/Article/A-compa...
For an average income earner (2004):
Canada: 25%
USA: 24%
- Anonymous4 years ago
a million.) How is the equality in Canada? (women individuals's rights, gay rights, variety..?) stressful to declare. Canada is extra tolerant. 2.) Is the government a lot distinctive from united statesa.? you have the domicile and the Senate. we've the domicile of Commons and a Senate that does no longer something. So incredibly in easy terms one physique passes all the expenses. To rule the PM is at once the chief of the main helpful social gathering unlike united statesa.. hence government works a lot extra effective. 3.) Is there something I must comprehend that could make shifting there a foul theory? That relies upon on what you prefer. 4.) Is the preparation to any extent further beneficial or worse than united statesa.? If I even have toddlers. preparation is extremely stable in Canada. 5.) Are the living circumstances any distinctive? less warm in iciness on regular. 6.) something I must comprehend? Taxes are a lot larger right here yet you get a lot extra on your funds. well being care is roofed by the government.