Quote:
Originally Posted by azndude69
A lot of it is all relative, but Americans think paying a 50% top tax rate in Canada is insane.
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I remember hearing from a dentist that the top income bracket is actually over 50%. At the time, it made me think it was quite ridiculous that the government could take more than half of what you made. On the other hand, I think that since we have decent social programs, which cost money, I think the high tax can be somewhat justified as free health care and cheap education cost our government quite a bit. Overall, I can't complain, I think we have it pretty good here in Canada versus the U.S., and our banks invested more conservatively so I see our situation as different from the Wall Street protesters.