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URL:  https://boards.fool.com/while-spending-cuts-play-a-role-do-you-think-the-30396186.aspx

Subject:  Re: Canada shows the way Date:  11/23/2012  2:44 PM
Author:  lowstudent Number:  656646 of 888931

While spending cuts play a role, do you think the higher than US tax rates in Canada might also be a factor? More revenue helps to balance the budget.

You can read about Canadian income tax rates here:
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Hi Chris

as long as you are an expert on Canadian taxes, I have a few question that will make this easier to consider

Does Canada have a seperate social security tax that is not part of the income tax? What about Medicare? Why did the corporate tax cut to far lower than here happen to coincide with so much getting better?

What kind of deductions are made by Canadian taxpayers?

Are there taxes on things like electricity, and a lot of other items that go into general revenue that no one really sees but are there?

I have a few hundred other questions before I am sure they are paying a lot more taxes than me, but those will be a good start

thanks
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