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URL:  http://boards.fool.com/intercst-quoti-wonder-if-rpi-can-recall-teles-27731543.aspx

Subject:  Re: End of the Health Care debate Date:  6/8/2009  5:58 AM
Author:  telegraph Number:  19270 of 60194

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?



t.
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