Posted by: newlynew March 3, 2010
Any one moving to Canada?
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I understand Taxes are significanlty different. This link may be helpful to make an assessment. Open at your own risk as it has been known to induce heart troubles for US residents !!!


http://www.aurorainternational.net/Maximum_Personal_Marginal_Income_Tax_Rates.htm


Add Federal and Provincial taxes to get the total. On top of this, you have to add municipal taxes if you own your residence. Sales tax (GST + PST) is about 13% in Ontario, where I currenlty live. So, yes, we are taxed to the bone. Social services are good, eg., free health care, many different allowance for low income etc.


 

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