This Snopes article nicely summarizes a lot of the misconceptions about Canadian Health Care.
Urban Legends Reference Pages: Canadian Health Care
- What they don't tell you is how much we pay in taxes to keep the health care system afloat. I am personally in the 55% tax bracket. Yes 55% of my earnings go to taxes.The highest federal income tax rate in Canada is 29% (for persons with annual taxable income over $120,887), and the highest provincial income tax rate in British Columbia is 14.7% (for those with annual taxable incomes over over $95,909). The typical upper-income level Canadian taxpayer is not in a 55% tax bracket.
By way of comparison, a typical upper-income level American taxpayer residing in California pays a roughly equivalant share of his income(40%-45%) in combined federal and state taxes, even though the U.S. has no national health insurance program.
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