Anyone else see Sicko?
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I heard from a friend of a friend of a guy that was going to live in Canada. He would've had %50 of his pay taken by the government due to the tax bracket he fell in. Is that really possible?
The coverage is complete but the quality of service sucks, I split my open as a kid once and lost a hell of a lot of blood. I was sat in the waiting room for 4-5 hours because the hospital only had one person capable of doing stitches. All the hospital did while I was waiting in a crowded room (I was responsible for holding my eyebrow in place while I waited, it was completely detached) was to come over every 15-30 minutes to check I hadn't gone into shock through blood loss. My white shirt was pure red when I left the hospital (head wounds really bleed hard!)
And then a female friend of mine almost lost her baby during child birth recently due to incompetance. Her labour lasted about 48 hours because her cervix wouldn't open, they tried enducing her about 5 times and refused to do a C-section (they want to cut down on the number performed). In the end they had to do an emergency C-section because the baby got so distressed it stopped breathing. They were too late to give her an Epidural and the baby took 3 minutes before it began breathing on its own again. Due to the distress the baby didn't even cry for days after the event.
That's what you get if you adopt an NHS style system, I bet MM didn't show any of that in his mockumentary
Yep, in the UK the highest income tax bracket is 40% and the your national insurance contribution takes it up to 52.8% straight out of your pay packet. And if you want proper medical cover you have to pay that on top. I love this country
Once you get to 80k a year, yeah.
(they have different levels depending on your income). There are ways to decrease it though (i.e. contributing to our version of 401k).Once you get to 80k a year, yeah.
Wow, that's insane. I wonder how much money is taken out of someone's paycheck who makes 100 grand here in the USA? I don't know cause obviously I don't make that much.
The most reliable source for all information in the world has some tables for you
Tax bracket - Wikipedia, the free encyclopedia
I think you tax your low-income earners more than we do but your high earners less
Why? People are free to donate or not to donate.
According to CCR's link my wife and I are in the 28% tax bracket. (that is pretty accurate) It all adds up to over 50% after state tax, city tax, property tax, sales tax, car tax, gas tax, the phone tax, tax on utilities, and every other tax out there. (this is not counting the tax that our businesses have to pay as well)
I think most Americans do not realize how much they really pay in taxes.
Yea, for every American out there that may think a National Health Care System is a good idea, take a look at how government handles its finances, and other issues, before thinking it is a good idea to have them be in charge of your health and well-being.
Do we really want to hand our government more responsibility?
Also looking at the site CCR suggested, I think it's closer to 40% for me (including provincial taxes - but not including others like goergen included). I just know that our payroll deducts 50% from overtime and/or bonuses for tax reasons.
Yeah, I didn't see that at the time though, it was my first introduction to death and I felt that if I failed to make the money my friend would die and it would be my fault.
We pay 17.5% VAT on all our purchases too, it's crazy how much we pay when there are so many people claiming benifits and never working
And I think you're right about the government thing, if the government controls everything and you happen to elect a really poor government then the whole country goes down the pan all at once.
If you add everything up, Yea. Look at everything you pay for and start adding up the tax that does not automatically come out of your paycheck, but does automatically get charged at the point of sale. You will find that you pay more tax than you think.
Some people pay more. NYC has high taxes. I know some people there who run their own architecture firm and they were taxed 64%. That is not even accounting for all of the other taxes that I had mentioned earlier.
Also the amount of tax that comes out of your paycheck is the second time that amount has been given to the government. You employer has to pay tax on what you get paid as well. So your income is taxed 2X.
Thats the problem with social programs. They make more people rely on government. The money to pay for people claiming benefits and not working has to come from somewhere, so taxes go up.
My personal idea of government is that their sole purpose is to maintain a basic structure, and nothing more. I is not the job of a government to provide for its citizens.
Good point, that's the same here too.
Our General Sales tax was reduced by 1% last year! (it's now 6% - but there's provincial too so I pay 14% on everything). So it is possible (although, we should never have had the GST in the first place! - imo)
Or turns us all into lazy people getting others to pay for our food and housing.
In my case my family would be about £20,000 ($40,000) better off every year if I moved back in with my parents and my my girlfriend claimed income support as a single parent. That's a screwed up system and too many take advantage of it, and the longer it goes on the more taxes I'll end up paying