*shrug* That's just what the calculator said. I've now looked at other calculators, and they say the difference isn't quite so drastic. I dunno. I will say though that I've spent plenty of time in the D.C. area and homes are more expensive and I had to do a lot more driving to get anywhere and pay more for parking.
-Kevin > -----Original Message----- > From: Heald, Tim [mailto:[EMAIL PROTECTED] > Sent: Wednesday, July 09, 2003 9:16 AM > To: CF-Community > Subject: RE: Altruism (was RE: US threatens Caribbean Countries) > > > I disagree. I made right around 40 at my last job and now > make what I mentioned before, and I will tell you I am doing > much better here. > > Tim > > > -----Original Message----- > From: Kevin Graeme [mailto:[EMAIL PROTECTED] > Sent: Wednesday, July 09, 2003 10:18 AM > To: CF-Community > Subject: RE: Altruism (was RE: US threatens Caribbean Countries) > > > That $60k - $100k though depends on where you live and the > associated cost of living. For instance that pay range for > someone working in D.C. has an equivalent cost of living pay > range of $40K-$67K here. > > -Kevin > > > -----Original Message----- > > From: Heald, Tim [mailto:[EMAIL PROTECTED] > > Sent: Wednesday, July 09, 2003 7:29 AM > > To: CF-Community > > Subject: RE: Altruism (was RE: US threatens Caribbean Countries) > > > > > > See I fall in that gap between 60,000 and 100,000 where I > > would pay more in Canada. I get a deduction on my mortgage > > payments, you really can save 1000's depending on the state > > you live in here (N.H. has no state income tax, and some > > states have next to nothing, N.C. was pretty low). > > > > We have gas taxes, but nothing like you do. Booze isn't my > > bag maaaaaaan :) I pay about $20 a carton for Newports here > > in Virginia, but I know it's far higher in other states, New > > York comes to mind. > > > > GST was instituted while we were living there, and sucked > > ass. BTW where in Alberta do you live man? I used to live > > up North of Edmonton, in Cold Lake and Grand Centre. > > > > Tim > > > > > > -----Original Message----- > > From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED] > > Sent: Tuesday, July 08, 2003 6:33 PM > > To: CF-Community > > Subject: Re: Altruism (was RE: US threatens Caribbean Countries) > > > > > > Canada's top marginal tax rate is 40%, which is the tax rate > > on income _above_ ~$60000, whereas in the US, I believe the > > top marginal tax rate is about ~40% @ > $100,000. That's the > > biggest difference. The lower rates are actually very > > similar. If you make less than $60k in either country, your > > personal income taxes are going to be almost the same. I > > think our personal exemption amount is actually higher than > > the US's. You and your spouse can also choose to file singly > > or as a couple, depending on what works better for you from a > > tax perspective. > > > > Provincial income tax rates vary, but even then, it's not > > like I'm saving $1000s by living in Alberta vs. BC because of > > those taxes. > > > > Gas taxes are quite high here. We pay about double the price > > of your gas prices. Liquor tax in AB is (I think) 110%. > > Cigarettes are taxed quite highly here. So I don't smoke and > > rarely drink :) > > > > Also, we have the GST. Mind you, people who earn less than > > ~$34k get a (imho, a fairly hefty) rebate. Alberta has no > > sales tax, so I just pay 7%. > > > > We don't get a tax deduction on mortgage payments, so > > everyone here tries to get the lowest mortage possible and > > pay as quickly as they can :) > > > > We have an RRSP system, similar to your 401K. There's no > > real equivalent to the Roth IRA up here, but it is being looked at. > > > > Employment Insurance and Canada Pension Plan deductions are > > done on the first ~$39k of your earnings. Here's a link with > > the numbers for this: http://www.utoronto.ca/hrhome/cpp_ei03.htm > > > > ----- Original Message ----- > > From: Dana Tierney <[EMAIL PROTECTED]> > > Date: Tuesday, July 8, 2003 3:45 pm > > Subject: Re: Altruism (was RE: US threatens Caribbean Countries) > > > > > do they pay more in taxes? I have no info on this. I know > > people bitch > > > about taxes there but then they bitch about taxes here.... > > > > > > Dana > > > > > > Larry C. Lyons writes: > > > > > > > People pay more in taxes, yes, but much, much less in health > > > > insurance, car insurance (for Manitoba and BC at least), > > > > unemployment, workers compensation, education, > college, etc. So > > > > essentially it balances out. > > > > > > > > As for the bogus comment about mineral rights, it has nothing to > > > do > > > > with socialism or whatever. Its from a far older system, called > > > the > > > > british government model. The crown owns the land, and the > > > individual > > > > buys from the government. > > > > > > > > As for the utilities, frankly as far as I'm concerned its better > > > that > > > > the provincial government own the electrical utilities and get > > > some > > > > hope of getting something back rather than it all going out of > > > the > > > > province to enrich some person who never had to work in > his life. > > > > > > > > A quick comparison, Manitoba owns its electrical generation and > > > > delivery systems. Before I left Winnipeg, Manitoba, I paid about > > > $15 > > > > a month Canadian (approx $10) for an electrically heated 2 > > > bedroom > > > > apartment. Coming to Roanoke, Virginia, where there was a > > > privately > > > > owned electrical utility, my electrical rates were about 3 times > > > as > > > > much. > > > > > > > > There are some advantages to a regulated government monopoly. > > > > > > > > larry > > > > > > > > >They own their houses, but they have no mineral rights to > > > what's under the > > > > >ground. Also look into Esso and the amount of money it gets > > > from the > > > > >government sometime. Look at the utilities and who owns and > > > runs those. > > > > > > > > > >Your oversimplifying this a lot you know. BTW they pay far > > > more in taxes > > > > >than we do. Hell GST, provincial and federal taxes, supporting > > > all of these > > > > >various social programs. > > > > > > > > > >I don't know why you have such a problem with the word? How > > > would you > > > > >define it? Is there some stigma you attach to socialist? > > > > > > > > > >Tim > > > > > > > > > > > > > > >-----Original Message----- > > > > >From: Dana Tierney [EMAIL PROTECTED] > > > > >Sent: Tuesday, July 08, 2003 2:33 PM > > > > >To: CF-Community > > > > >Subject: Re: Altruism (was RE: US threatens Caribbean > Countries) > > > > > > > > > > > > > > >Well all I know is that Tim claimed that it was socialist > > > because the large > > > > >industries are government owned and something about property > > > rights,> >neither of which is true. I have been in the > states a long > > > time but I have > > > > >family in Canada and ya they own houses, work and pay taxes in > > > very much > > > > >the same way that I do. > > > > > > > > > >Dana > > > > > > > > > >Nick McClure writes: > > > > > > > > > >> That is only part of the equation. > > > > >> > > > > >> Socialism and democracy are not mutually exclusive, you can > > > have a > > > > >socialist > > > > >> democracy, capitalist monarchy or a communist republic. > > > > >> > > > > >> Socialism or capitalism is the economic side, democracy or > > > dictatorship is > > > > >> the political side. > > > > >> > > > > >> I would say that Canada is not a 100% capitalist country. > > > There are > > > > >> obviously capitalist ideas, but there are a number of > > > socialist ideas as > > > > >> well. > > > > >> > > > > >> > -----Original Message----- > > > > >> > From: Dana Tierney [EMAIL PROTECTED] > > > > >> > Sent: Tuesday, July 08, 2003 2:04 PM > > > > >> > To: CF-Community > > > > >> > Subject: Re: Altruism (was RE: US threatens Caribbean > > > Countries)> >> > > > > > >> > It's a parliamentary democracy. > > > > >> > > > > > >> > Dana > > > > >> > > > > > >> > Heald, Tim writes: > > > > >> > > > > > >> > > > > >> > > > > >> > > > > > > > > > > > > > > > > > > > > > > > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Archives: http://www.houseoffusion.com/cf_lists/index.cfm?forumid=5 Subscription: http://www.houseoffusion.com/cf_lists/index.cfm?method=subscribe&forumid=5 Your ad could be here. 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