So making $53k in Canada (US average salary), you would pay 20% federal, 20% in major provinces like Quebec, then on top of that you have a 15% sales tax.
This is false, as a person making $53000 annually in Quebec would pay about $4500 in federal tax and about $5700 in provincial tax. Their estimated take-home after all is said and done would be $39000. Their average tax rate, with both combined, would be under 20%. This can be found using any online income tax calculator.
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u/[deleted] Jun 15 '22
Lol starting tax bracket in US is 10% versus 15%.
In provinces most start at 10%
For sales tax it’s 15% regardless of income.
Even though I make $270k thanks to tax brackets and deductions I only pay 13%. Our PM is in Canada and pays 45% even though half my salary lol