To The Canadians Out There How Much Does The Average Canadian Pay In Taxes For Socialized Medicine
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borderreiver
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Re: To The Canadians Out There How Much Does The Average Canadian Pay In Taxes For Socialized Medicine
ElNido wrote:My husband is American and has an American pension, and I am Canadian. We are residents of British Columbia. My husband files both US and Canadian income tax. He has to file the American first and then that payment is subtracted from the Canadian. For the past 6 or 7 years fling this way, he has not had to pay Canadian income tax. They are tax neutral. As seniors, we pay nothing for BC Med.
I'm surprised. I would have thought that Canadian taxes, which include universal health care, would be much higher than US taxes on an equivalent income.
Am i missing something?
SunFan
SunFan- Share Holder
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Re: To The Canadians Out There How Much Does The Average Canadian Pay In Taxes For Socialized Medicine
Here's an new release from the Fraser Institute, a conservative/libertarian Canadian think tank, with a link to their annual report. Very detailed info on this issue:
https://www.fraserinstitute.org/studies/price-of-public-health-care-insurance-2018-edition
https://www.fraserinstitute.org/studies/price-of-public-health-care-insurance-2018-edition
NoVaDamer- Share Holder
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Re: To The Canadians Out There How Much Does The Average Canadian Pay In Taxes For Socialized Medicine
NoVaDamer wrote:Here's an new release from the Fraser Institute, a conservative/libertarian Canadian think tank, with a link to their annual report. Very detailed info on this issue:
https://www.fraserinstitute.org/studies/price-of-public-health-care-insurance-2018-edition
Many thanks NoVaDamer.
I respect the Fraser Institute. Makes sense to me and sounds fair for the Canadian population.
SunFan
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