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how high is income tax in Canada?
i heard that income tax in Canada is a lot higher than the US, is this true?
- busterwasmycatLv 77 years agoFavorite Answer
Generally speaking, yes. Canada does have "free" medical care, after all. Gotta pay for it somehow. Also, in Canada, the government doesn't tend to run huge deficits by failing to tax its people at the level that spending requires, although some provinces are worse than others in this regard. Generally speaking, a high-tax state like Massachusetts is about like typical Canada taxation levels. Canada also has a sales tax (a Goods and Services tax) on just about everything.
I would say that the big difference between the US and Canada is that Canada tends to tax close to the amount that the government plans to spend. In the US, people don't want to pay for what they get. Canadians tend to understand that, well, taxes suck, but if you want services, guess what?