hill, I'm not quite sure where you are getting your 40% figure from, or what gross income level you are basing it on. Here is a link to an Ernst & Young Canada tax calculator for the 2009 tax year. Simply enter your gross income and it will tell you what your net income is after income tax (both provincial and federal income tax combined).

http://www.ey.com/CA/en/Services/Tax/Tax-Calculators-2009-Personal-Tax

Just looking at a few reference points for a resident of Ontario, where I live:

$25,000 gross income = $21,823 net income, for a tax rate of 12.71%

$50,000 gross income = $40,503 net income, for a tax rate of 18.99%

$75,000 gross income = $57,500 net income, for a tax rate of 23.33%

$100,000 gross income = $71,964 net income, for a tax rate of 28.04%

$150,000 gross income = $99,547 net income, for a tax rate of 33.64%


These taxation amounts are all before deductions, and our government gives us plenty of deduction opportunities. So your health care (not dental and not drug) is included in the taxes you pay. These taxes also pay for all other federal and provincial government services, in addition to health care.

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Jonathan

2011 Mazda2
2000 E320 4Matic Wagon
1994 C280 (retired)

Thanks for the link. I was off less than 1%. Since I have no dependents, no mortgages I do not fall in to "average rates" column. Unless I got it all wrong. Would that put me in the "marginal rates" column? I did not know that they don't pay for RX.

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Happy Benzing
Darryl, Hill
2005 SL55 AMG Kleemanized
1984 500 SEC
1967 W113 California Coupe
[SIGPIC]
https://picasaweb.google.com/lh/myphotos

That video is BS, the insurance company's have a good thing going and have everyone running scared. I wish we had a system like Canada.

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2016 Corvette Stingray 2LT
1969 280SE
2023 Ram 1500
2007 Tiara 3200

Have you ever experienced a system like what you wish for? I have. I don't want that system. You might just get what you want but discover that the girl you thought was so pretty afar has warts and other social diseases when you get her out of her clothes and that bra, padded.

__________________
01 Ford Excursion Powerstroke
99 E300 Turbodiesel
91 Vette with 383 motor
05 Polaris Sportsman 800 EFI
06 Polaris Sportsman 500 EFI
03 SeaDoo GTX SC Red
03 SeaDoo GTX SC Yellow
04 Tailgator 21 ft Toy Hauler
11 Harley Davidson 883 SuperLow

this thread gives me a brilliant idea! the ones that want Canadian style health care get to "opt in" to the Canadian health care system. the rest of us who enjoy what we've got now get to keep what we've got. here's the proposed rules:

once an individual has "opted in" or "opted out", no backing out. that's it, FOR LIFE. in addition, I propose that the doctors and companies such as this one http://www.timelymedical.ca/faq.html that are currently bringing needy Canadians into this great land of ours to bleed our health care system dry are forced to close their doors FOREVER.

those north of the border stay north of the border. those who live in the United States but want Canadian style health care get to move to Canada, become full fledge Canadian citizens and enjoy it along with the rest of the Canadians.

hey, if that is what the people want, why deny them?

PS. I'll bet fifty bucks that those who want Canadian style health care currently do not have health insurance........AND while I can certainly empathize with those who do not, there is an old saying; There ain't no such thing as a free lunch." Roosevelt handed out free lunches during the depression in the form of soup lines. it was free, but you just might get good and sick from the "free soup". there are no easy answers to our dilemma, however tearing down the world's greatest health care system just isn't the answer. no matter how much the people want something for nothing.......

Yes, you misunderstood. Our income tax works is based on a certain percentage of tax being charged on a certain income band.

The federal rates for 2009 are as follows:

•15% on the first $40,726 of taxable income, +
•22% on the next $40,726 of taxable income (on the portion of taxable income between $40,726 and $81,452), +
•26% on the next $44,812 of taxable income (on the portion of taxable income between $81,452 and $126,264), +
•29% of taxable income over $126,264.

The rates for the province of Ontario for 2009 are as follows:

6.05% on the first $36,848 of taxable income, +
9.15% on the next $36,850, +
11.16% on the amount over $73,698

Additionally, there is a certain portion of your income that is tax exempt, both federally and provincially. It is in the area of $10,000 but I don't remember the exact amoutn.

So if you made $75,000 and lived in Ontario, your tax would look something like this:

Federal tax: 0 on the first 10,000.
15% on the amount between $10,000 and $40, 726 = $4608.90
22% on the amount between $40,726 and $75,000 = $7540.28

Total Federal tax = $12149.18

Provincial tax: 0 on the first 10,000
6.05% on the amount from 10,000 to 36,848 = 1624.30
9.15% on the amount from 36,848 to 73,698 = 3371.78
11.16% on the amount between 73,698 and 75,000 = 145.30

Total Ontario tax = 5141.38

Total Tax = $12149.18 + 5141.38 = 17290.56

Total tax (17290.56) divided into total income (75000) = 23.05% average tax rate.

Everyone falls into the average. It is the combination of all your tiered tax amounts divided into your total income to come up with an average taxation rate.

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Jonathan

2011 Mazda2
2000 E320 4Matic Wagon
1994 C280 (retired)

Nobody is bleeding your system dry. That's just more ignorant propaganda. They are paying in full for services rendered. Quite often it is our national health care system that is footing the bill for those services. If you set up a system based on the tenet "money talks and bull$hit walks" then you can't cry foul when the money comes in search of the care.

You just don't get it, do you? There is a difference between the level of care available and the ability to actually access that care. Nobody here is arguing that the US has poor health care. You have great health care. What you have is poor access to that high standard of available care for a substantial portion of your population.

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Jonathan

2011 Mazda2
2000 E320 4Matic Wagon
1994 C280 (retired)

So Mercedes has poor access to their high standard of available cars for a substantial portion of the population? After all, not many can afford it so should that be fixed too?

__________________
01 Ford Excursion Powerstroke
99 E300 Turbodiesel
91 Vette with 383 motor
05 Polaris Sportsman 800 EFI
06 Polaris Sportsman 500 EFI
03 SeaDoo GTX SC Red
03 SeaDoo GTX SC Yellow
04 Tailgator 21 ft Toy Hauler
11 Harley Davidson 883 SuperLow

Driving a nice car and getting health care when you're sick are not on the same level on the scale of needs.

Yes it should be fixed. I should be able to go to a emergency Mercedes room and get the Mercedes I need and never pay for it.

Why are you entitled to either if you cannot afford it? Same principle. You get what you can afford.

__________________
01 Ford Excursion Powerstroke
99 E300 Turbodiesel
91 Vette with 383 motor
05 Polaris Sportsman 800 EFI
06 Polaris Sportsman 500 EFI
03 SeaDoo GTX SC Red
03 SeaDoo GTX SC Yellow
04 Tailgator 21 ft Toy Hauler
11 Harley Davidson 883 SuperLow

I'm game then. I want that V12 Biturbo they have. I can't afford it but WGAS. I should be able to have it in spite of me not being able to afford it.

__________________
01 Ford Excursion Powerstroke
99 E300 Turbodiesel
91 Vette with 383 motor
05 Polaris Sportsman 800 EFI
06 Polaris Sportsman 500 EFI
03 SeaDoo GTX SC Red
03 SeaDoo GTX SC Yellow
04 Tailgator 21 ft Toy Hauler
11 Harley Davidson 883 SuperLow

Well that is the healthcare system now isn't it? At least a big part of the problem with costs.

slight difference. I cannot have that V12 Biturbo. Apparently, Madoff can't have his money that he didn't earn either. Weird.

__________________
01 Ford Excursion Powerstroke
99 E300 Turbodiesel
91 Vette with 383 motor
05 Polaris Sportsman 800 EFI
06 Polaris Sportsman 500 EFI
03 SeaDoo GTX SC Red
03 SeaDoo GTX SC Yellow
04 Tailgator 21 ft Toy Hauler
11 Harley Davidson 883 SuperLow

Explain please.