I was wrong, 10% of Canadians want to join the US. Let Alberta have a referendum on it then STFU imo.
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It’s a common misconception that the U.S.'s higher GDP per capita means Americans are wealthier than Canadians, he said — Americans don’t get paid in per capita; they get paid in wages.
“Our workers are paid more and at the median, the average person, they pay less tax, even though we get health care for free and other public benefits,” said Stanford. “So the idea that Americans somehow have a land of opportunity that we’re denied in Canada? Absolutely false.”
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I love how every argument about Canadian or European taxes completely overlooks the fact that the US spends 19% of GDP on healthcare. Really should be part of the conversation.
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That was part of the reason the Canada-US Autopact was attractive to US car companies to invest in Canadian production. The taxpayer rather than the employer paid for healthcare for the auto employees.
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When I did number-crunching a few years ago, toying around with the idea of moving north, I had the impression that (increased tax levels) > (health costs + employer share of such) by more than a small margin.
However, I was working with a “seasoned actuary’s” salary, so the progressive nature of income taxes would distort the picture…and I was looking specifically at Québec, which isn’t shy about taxing people.