Frances
Joined: 17 Jan 2006
Posts: 957
Location: Toronto, Ontario, Canada
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Henning, in Canada where I live, our medical care is paid from the income tax. It includes hospital and doctor costs for medically necessary care and some of us get a subsidy on drug costs. We pay for dental care and some non-hospital and non-doctor expenses privately but we can buy dental and "extended health care" insurance. The last time I looked it up, the cost per person for government care was about about $3,800.
We have both a federal and provincial income tax and I think that last year, the percentage of our income that we paid in total was about 23%; the taxes are paid on your Taxable Income (after deductions) and the rates are graduated. We have a municipal tax (i.e., real estate), a provincial education tax calculated on the value of our real estate, a Goods and Services Tax (the GST), a provincial sales tax and a licensing tax on our vehicles. If you are employed, you pay into the Canada Pension Plan and you pay Employment Insurance (i.e., unemployment insurance). There is no kind of sales tax on food, drugs and children's clothing (I think). We are retired so we don't pay C.P.P. or E.I.
When you retire, everyone gets an Old Age Pension of about $5,000 (current amount) and those who have paid into the C.P.P. , get that as well (about $10,000 as of now). What you get from the C.P.P. depends on how much you paid in.
I would have to spend considerable time to figure out just what our total tax bill is. Maybe I'll get around to it and I'll post it if I do
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