Are taxes high? Is bureaucracy huge? Author has used both US and Canadian systems, and finds the Canadian better.
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Myth: Taxes in Canada are extremely high, mostly because of national health care.
In actuality, taxes are nearly equal on both sides of the border. Overall, Canada’s taxes are slightly higher than those in the U.S. However, Canadians are afforded many benefits for their tax dollars, even beyond health care (e.g., tax credits, family allowance, cheaper higher education), so the end result is a wash. At the end of the day, the average after-tax income of Canadian workers is equal to about 82 percent of their gross pay. In the U.S., that average is 81.9 percent.
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Myth: Canada’s health care system is a cumbersome bureaucracy.
The U.S. has the most bureaucratic health care system in the world. More than 31 percent of every dollar spent on health care in the U.S. goes to paperwork, overhead, CEO salaries, profits, etc. The provincial single-payer system in Canada operates with just a 1 percent overhead
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yeah, unfortunately the Canadians aren’t funding an industrial military complex like we are though…most of our money goes to our muscle…we start prioritizing things a little better and yeah we have no problem and we could give good health care with options too.
giannakali
June 28, 2009 at 12:25 pm