The Motley Fool Discussion Boards
Retirement Discussions / Retire Early Liberal Edition
|Subject: Re: End of the Health Care debate||Date: 6/8/2009 5:58 AM|
|Author: telegraph||Number: 19270 of 59078|
intercst: "I wonder if RPI can recall tele's degree."
I wonder when intercst will realize that if folks make and spend $50K in Canada, everything they buy has a 15-19% tax.
Somehow, my math says that 19% tax on $50K income means you pay $9000 in VAT taxes a year.
And that is 'cheaper'? That is on top of income tax levels the same in both Canada and France.
So, if intercst lived in Canada, spent, say $70,000 a year, he'd have the 'privilege' of giving the Canadaian government nearly $14,000 to educate those doctors who provide 'cheaper' health care.
I wonder if his degree would be in the same jeopardy?
No wonder there are so many renters in EU....buying a house with a 15-19% VAT on top of the high house prices has got to really hurt!....and once you have one, you sure don't want to have to move to accept a better job in another city!
Maybe that is why EU unemployment usually runs double the USA?
|Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|