@briansol,
briansol;27153 wrote:canada's federal tax rate is near 45% to pay for all thier socialistic programs like healthcare and free college.
ready, set, don't vote for a friggin Dem if you work for your money.
Truth about canadas tax rate
Federal tax rates for 2007 are:
15.5% on the first $37,178 of taxable income, +
22% on the next $37,179 of taxable income (on the portion of taxable income between $37,178 and $74,357), +
26% on the next $46,530 of taxable income (on the portion of taxable income between $74,357 and $120,887), +
29% of taxable income over $120,887.
from
What are the income tax rates in Canada?
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german another socalized health care system tax rate
German Tax Rates
Personal Income tax rates in Germany are calculated on the basis of a mathematical formula. For 2004 , the following tax schedules are applicable:
Single Taxpayers:
" a zero tax rate on taxable income up to ? 7,664
" a marginal tax rate rising form 16% to 45% on taxable income between ? 7,664 and ? 52,152
" a marginal tax rate of 45% on taxable income over ? 52,152
Married Taxpayers:
" a zero tax rate on taxable income up to ? 15,328
" a marginal tax rate rising form 16% to 45% on taxable income between ? 15,328 and ? 104,304
" a marginal tax rate of 45% on taxable income over ? 104,304
104,304 euro is equivalent to 143,559.32 USD
This does not include child deductions or indepedents.
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American tax system without socialized health care
As of June 2001, the income tax forms the bulk of taxes collected by the U.S. government. Depending on individual income, the tax ranges from zero to 35% of one's taxable income.
on all the highest level of income tax we would only be paying 10 percent more taxes. Of course most of us do not make 300,000 or more a year.
You claiming all candadians pay 45 percent in taxes when only the highest wages in the country get taxed this amount in reality the average canadian pays 35-39 percent in taxes according to their wage, married or not married and how many dependents they claim.