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To you canadians bitching about our "low" US car prices...

forwardlean

Go Kart Champion
Location
Toronto
This little back and forth with you guys is a nice highlight of why socialized medicine is working better in Canada. There's no choice. Everyone gets the same thing. There's no selection of plans or what have you. No point of confusion. People can get on with their life and know that the healthcare system will be there when they need it.

Make no mistake though. Its quite broken and will begin to fail long term in my opinion. Thanks to all the baby boomers just waiting to strain the system and fuck my generation up the tailpipe. Nothing's perfect.

As for taxation, the rate of comparison is inconsequential when you look at the systems of Canada vs USA. KYGTI is talking about write offs...Canadians have absolutely nothing to deduct unless they are required to own a car to work (not counting commuting), are required to own an home office to work, run a business or are self employed or are going to school. If you're a regular person with a job that is salary based and commute to work, you get nothing but the basic exemption of I think its 9K.

Correct me if I'm but Americans can deduct their mortgage interest off of your tax bill right? If that happened up here, I'd be scrooge mc-fucking-duck and not driving a $40K GTI.
 

forwardlean

Go Kart Champion
Location
Toronto
Not really, but if it was, it would only be that tanks to the US and the Monroe doctrine. You're welcome

'Merica

I love how "greatest nation" comments wind up you yanks.

The good news is that the monroe doctrine has nothing to do with Canada specifically.

I get you like to feel like our big brother. We're totally fine with this FWIW.
 

mattdibart

Go Kart Champion
Location
GTA, Canada
Do you realize there is state income tax as well? And my taxes add up to 40% the other 10% goes to my 401k

Being single and making ok money and having no deductions will fuck you up.

I still don't see how it adds ups

lets say someone makes 80k

Federal tax - $5081.25 + (25% of $43,100) = $15,856.25 fed tax
http://www.forbes.com/sites/kellyph...brackets-standard-deduction-amounts-and-more/

State Tax - 9.3% of 80k = $7440 State Tax
http://swz.salary.com/salarywizard/layouthtmls/swzl_statetaxrate_CA.html

Total Fed+State tax = $23,296.25 for a gand total of 29.1% Fed+State Tax.

PLUS as Forwardlean said you guys get to claim so much shit on your income taxes.

Also 80k is a big salary considering the average is around 50k, the lower you are from that point the less % tax you will pay.
 
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KYGTIGuy

Go Kart Champion
Location
fifth dimension
I love how "greatest nation" comments wind up you yanks.

The good news is that the monroe doctrine has nothing to do with Canada specifically.

I get you like to feel like our big brother. We're totally fine with this FWIW.



A simple thank you would be nice.
 

troyguitar

Go Kart Champion
Location
Aurora, IL
I still don't see how it adds ups

lets say someone makes 80k

Federal tax - $5081.25 + (25% of $43,100) = $15,856.25 fed tax
http://www.forbes.com/sites/kellyph...brackets-standard-deduction-amounts-and-more/

State Tax - 9.3% of 80k = $7440 State Tax
http://swz.salary.com/salarywizard/layouthtmls/swzl_statetaxrate_CA.html

Total Fed+State tax = $23,296.25 for a gand total of 29.1% Fed+State Tax.

PLUS as Forwardlean said you guys get to claim so much shit on your income taxes.

Also 80k is a big salary considering the average is around 50k, the lower you are from that point the less % tax you will pay.

He's in CA bay area, add a zero to that salary.
 

mattdibart

Go Kart Champion
Location
GTA, Canada
He's in CA bay area, add a zero to that salary.

Federal tax - $118,118.75 + (39.6% of $393,250) = $273,845.75 fed tax
http://www.forbes.com/sites/kellyphi...unts-and-more/

State Tax - 9.3% of 800k = $74400 State Tax
http://swz.salary.com/salarywizard/l...axrate_CA.html

Total Fed+State tax = $348,245 for a gand total of 43.5% Fed+State Tax.

So yes, if he does make 800k he would pay a little over 40%... before deductions.

Edit* I know you weren't being serious I just felt like doing the math haha.
 

KYGTIGuy

Go Kart Champion
Location
fifth dimension
Federal tax - $118,118.75 + (39.6% of $393,250) = $273,845.75 fed tax
http://www.forbes.com/sites/kellyphi...unts-and-more/

State Tax - 9.3% of 800k = $74400 State Tax
http://swz.salary.com/salarywizard/l...axrate_CA.html

Total Fed+State tax = $348,245 for a gand total of 43.5% Fed+State Tax.

So yes, if he does make 800k he would pay a little over 40%... before deductions.

Edit* I know you weren't being serious I just felt like doing the math haha.

What have we learned hear?

Max is full of shit.
 

maxtdi

Go Kart Champion
Location
Nor-Cal
H8rs gonna h8
 

forwardlean

Go Kart Champion
Location
Toronto


A simple thank you would be nice.

Only if you thank us for all our oil and softwood lumber. It evens out.

Oh...and the cheap electricity. You're welcome for that too. Enjoy your power, gas, and sticks for the tornado's to blow down.
 

KYGTIGuy

Go Kart Champion
Location
fifth dimension
Only if you thank us for all our oil and softwood lumber. It evens out.

Oh...and the cheap electricity. You're welcome for that too. Enjoy your power, gas, and sticks for the tornado's to blow down.

We have all that too, we'd just prefer pilfering yours first before we use our stash.

On the other hand, we got the bombs......and Howie Mandel.

;)
 

forwardlean

Go Kart Champion
Location
Toronto
The US does not have oil reserves in even the same city as the ballpark Canada is playing in....We'll continue selling it to you though.

 

forwardlean

Go Kart Champion
Location
Toronto
Like Iraq? That's not working out too well. 90% of y'all would be dead this time of year North of the 49th.

But yes..you could just take them. Actually, you could just ask nicely and we would give them to you.
 
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