Originally Posted by
minimwage4
55k? Did you ask him how much of that goes to taxes in Canadia?
Not as much as you'd think.
Originally Posted by
pagey
That 15% is probably only for "federal" income taxes. They also probbaly pay close to 10 more % for "state" taxes and they have to pay for healthcare.
I thought I remembered hearing once that you could expect 35-40% of your check to be taken.
Originally Posted by
Ultralight
Probably less than what goes to health insurance in this country.
The US/Canada take-home pay disparity is largely based on widespread misinformation. It's not as simple as it may seem. Yes, you might see 35-40% of your check go away... but that's just because your math isn't shown if you live in the US.
Add in employer-paid health insurance as a tax, your portion of health insurance, your payroll taxes you don't see, and the numbers come out pretty close, and sometimes in favor of the Canadians.