{ "media_type": "text", "post_content": "Morning rant : Why do we pay 50 percent marginal tax ? Healthcare was biggest argument and justification for me! But look where we are : No testing, no rapid kits or medical support for most cases and companies like shoppers just making a killing with 200 per PCR test which is available for free in US and many countries? Even US is giving free rapid kits, tests and N95 masks; the support in Europe is much better.", "post_id": "61ec1ce857233700395bd53f", "reply_count": 19, "vote_count": 9, "bowl_id": "5a39a495c07c9e0013c9eac8", "bowl_name": "Toronto Consulting ", "feed_type": "bowl" }

Morning rant : Why do we pay 50 percent marginal tax ? Healthcare was biggest argument and justification for me! But look where we are : No testing, no rapid kits or medical support for most cases and companies like shoppers just making a killing with 200 per PCR test which is available for free in US and many countries? Even US is giving free rapid kits, tests and N95 masks; the support in Europe is much better.

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I pay 10% tax in Singapore and things just... Work... Our healthcare in Canada is a scam.

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Yes. Very good. I was spending about 30% of my after tax income on housing in Canada. I have about the same size now and it is 10%

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That's not a fair comparison at all. I'd expect someone from BCG to know better. Sure the US may be giving masks and testing but overall their healthcare is still a private system.

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Okay sure, but that's just your opinion man. Maybe don't use the "royal we" in your original post then

To be fair most people don't pay a 50% marginal rate. I think the average tax rate for Canadians is 30%, paying 50% marginal rate means you're in the very top tax bracket

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All arguments are valid except I think our government is delivering neither on capitalist or socialist promise. Spoke to couple of friends from Scandinavia which has similar tax levels and even higher case. All testing is open and free. Home tests are available in Sweden at every pharmacy at 20 dollars for 3 tests. Similar is US with capitalist economy; tests are free and much more freely available ; insurance is covering much more than here in Canada (incl cost of PCR tests for travel). Why don’t we accept that we have a fucked up system which is being justified in name of equal access. However their are other systems (both socialist and capitalist) which give equal access and better quality at same time. We are perhaps only G7 country which has banned pop wide testing (even India has testing open despite a billion plus population) and somehow everyone is ok with that ? Something is seriously wrong if we accept and justify this and don’t question this ! As Canadians we need to be a bit impolite and call a spade a spade

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Taxes are pretty high in California and we don’t even get HC when I lived there.

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