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If you have a family with kids, i think generally it will be to live in canada (healthcare, more socially progressive, environment etc..). For young professionals you will do better (financially and career wise) in the US.
OP - as a Canadian/ Torontonian, I agree with what D1 said and I also don't think you understand standard of living. Yes, of course your net pay is lower. Yes, of course higher taxes means you are subsidizing certain costs for the less fortunate. But all of those things indirectly help your standard of living, and some of those things help you directly. If you ever have children, you and your spouse can split a year of paid parental leave. The government subsidizes that, so there's some of everybody's tax money. An indirect benefit is: lower income inequality = a more stable society. By subsidizing the ability of the less fortunate to go to school, find jobs, seek medical attention when they are sick, it helps reduce crime rates and the overall health of the population. Crime rates are much lower in major Canadian cities than major US cities, and my hypothesis is that it's because taxes help the poor of Canada have choices other than a life of crime. When the higher income folks help out lower income folks through tax, that lessens rather than widens the income inequality, and income inequality is a pretty big problem in the US. Does that mean the poor add to the burden of the healthcare industry? Yes, and we (Torontonians) often complain about how long ER wait times are, etc. It's not perfect but a free market economy isn't either. Would I rather they not have insurance and be doing things out of desperation or being irresponsible with their health and increasing disease in the population? No. The reason real estate is so expensive in Toronto is precisely because it has a high standard of living and people want to live there. The govt is trying to control the runaway real estate prices now but the underlying driver is basic demand and supply. Toronto has a lot of immigrants and will continue to have a lot of immigrants. We welcome and actively encourage highly skilled, educated immigrants to come and stay in Canada whereas I find the US immigration policy to be particularly difficult even for US-educated non-citizens (e.g. H1B lottery, hard for spouse to come over on a work visa). As a Torontonian who lives in the US, I don't think you notice much of a difference in the day to day in terms of standard of living, except maybe that people are friendlier in Canada (we do say sorry a lot) and as a minority, I have been on the receiving end of more racism in 5 yrs in the US than my entire life growing up in Toronto.
If you think salary and taxes correlate with a lower standard of living, you know very little about the rest of the world. Which means you should stay in the US since you'll fit in easily...
They get free health care
"Free" healthcare
You have to eat poutine and say eh all the time ... and about now becomes aboot
Also D1, if you aren't into profits, you're in the wrong line of work.
So you don't belong in the US D1, that's cool. We don't want your socialist bullshit anyway. Enjoy anemic economic growth. If you're already here, I sincerely hope you can't vote.
US Citizen, natural born. I served this country and know how much we underwrite the socialist utopias you lived in. 85% of the logistics of the Libyan campaign was funded by the US because our European allies can't defend their interests. But they can afford mediocre healthcare, so there's that.
@OP did you take into account the USD-CAD fx rate in the wage difference and rent comparisons? Cus as long as you're Consultant or higher and not in CDO, ACN definitely pays enough to comfortably live in downtown TO as a single person (...w/ a roommate).
As for higher taxes: Canada believes in investing heavily in health care, education and social programs. That care is a highly engrained part of our value system.
Lastly... why is socialist such a bad word in the US? I honestly don't understand how working collectively as a society to help the less fortunate is a badge of dishonour.
Aetna goes with me everywhere I go D1, doesn't matter where, just might not get the in network rates. Socialized countries don't have the same protections.
Socialized medicine is a terrible idea D1, especially if you have any understanding of macroeconomics. Scarcity is not a problem that can be hoped away, it takes a tremendous amount of money. There will be some that don't benefit from a free market system, but as a self interested individual there is no way that I'd willing take the tax rates necessary to fully cover the population. Especially those that already call 911 and get an ambulance out of convenience.
I started with a conversation, you were dismissive. Please stay in whatever dying blue state you reside, as they all are. I'm leaving mine as soon as possible to get away from this shit.
🍿
tell em DD1! 👏
Hahaha I'm an American citizen born to American parents DD1, so there's fuck all you can do about it 👋 But thanks for calling my views "bullshit", you're obviously intolerant to dialogue so I sincerely hope you can't vote either
And also telling me that I don't "belong in the US" because of my views is ridiculous. So your policy would be to shut out everyone that doesn't agree with you? Sounds like you'd make the US a "great" country.....
And d1 - if I lower your salary and raise your taxes and that doesn't impact your standard of living you must be a caveman in the middle of a jungle. Some of us have other ambitions in life. Sorry for the aggressiveness but I really don't see why my post is SO stupid to warrant such responses. I know my salary is lower, I know my taxes are higher, I checked the rents and that's why knowing Canada is a first world country I simply tried to find out what piece of the puzzle am I missing.
I still think you're ignorant because you clearly don't understand what taxes are used for and what "standard of living" means. Do you want decent infrastructure? Education? Roads in good condition? Child care benefits? Disability benefits? From the sound of if, you prefer to have cheaper living expenses and have the government spend 54% on military and defense while having non existant social healthcare, shitty and outdated infrastructure, and virtually non existant benefits for parental leave, disabilities, the elderly, etc. I'm not a "caveman in the middle of a jungle" because I'm not dumb enough to think that salary and taxes only correlate with cost of living and not government spending as a whole.
I disagree with you D1 because despite me having all of the above without the govt giving me a free ride I still have a much higher net pay comparatively. And sure if the general consensus is the standard of living is not affected much with a lower net pay that is good to know. But this has nothing to do with ignorance. The American govt spending 50% of defense of 80% doesn't affect my standard of living. It's the net pay I bring in plus the General cost of items I purchase or rent which determines it. Maybe our versions of standard of living are different. And sorry for calling you a caveman - you're just a stuck up person who is having a bad Saturday night and taking it out on fishbowl