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meangradin
Joined: 10 Mar 2006
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 Posted: Wed Aug 26, 2009 9:01 pm Post subject: |
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| Being from Belgium |
way off topic here, but from reading your previous postings, I suspected you were European. Did you learn English in Europe or were raised in an English speaking country? If the former, I bet it makes you a great teacher. |
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TheUrbanMyth
Joined: 28 Jan 2003
Location: Retired
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| Posted: Wed Aug 26, 2009 11:18 pm Post subject: |
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| by2004 wrote: |
| With regards to tax rates, curiously, does anyone know what the gross yearly income would be in Canada for someone pulling in between 4 and 5 million won net a month here? I've tried to figure this out for quite some time but I've only been able to estimate. Can someone nail this one down for me?! We get taxed so little in Korea and quite high in Canada. If it's easier perhaps someone can give a more definite answer for let's say 3/4/5 million won a month separately into CDN dollars. Thanks to anyone who can help! |
Depends on a number of factors. One would be how many tax-deductibles this person could use. Does he have dependents? Does he own a house or rent an apartment?
Also each province has its own tax rate. Then there are things like sales tax and the GST...
Short answer there's too many variables to give an answer unless you provide a big number of specifics...and even then it would only be a ballpark figure. |
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xingyiman
Joined: 12 Jan 2006
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| Posted: Wed Aug 26, 2009 11:29 pm Post subject: |
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If I am paying upwards of 50% of my income in taxes to hell with the insurance coverage. I want to have a nice ranch home near Jackson Hole Wyoming with an unobstructed view of the Tetons. Or a home on the beach with year round trophy bonefishing.
Ain't gonna happen. I'd have mediocre health coverage in Iowa. So shove universal coverage up your asses. |
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CA-NA-DA-ABC
Joined: 20 Jun 2006
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| Posted: Wed Aug 26, 2009 11:36 pm Post subject: |
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I'd be happy paying less than 3% like I do in Korea and still getting national health care, pension and decent infrastructure and government services  |
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AgentM
Joined: 07 Jun 2009
Location: British Columbia, Canada
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| Posted: Wed Aug 26, 2009 11:57 pm Post subject: |
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| CA-NA-DA-ABC wrote: |
| I'd be happy paying less than 3% like I do in Korea and still getting national health care, pension and decent infrastructure and government services |
Yeah, but Canada is the second largest country on the planet, geographically. Whereas South Korea looks as though it's about the size of New Brunswick or something, with 48 million people. Compared to Canada's 32 million. That makes things necessarily more expensive for us since we're a lot more spread out. Our government services are also better than the Koreans. |
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CA-NA-DA-ABC
Joined: 20 Jun 2006
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| Posted: Thu Aug 27, 2009 12:09 am Post subject: |
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| AgentM wrote: |
| CA-NA-DA-ABC wrote: |
| I'd be happy paying less than 3% like I do in Korea and still getting national health care, pension and decent infrastructure and government services |
Yeah, but Canada is the second largest country on the planet, geographically. Whereas South Korea looks as though it's about the size of New Brunswick or something, with 48 million people. Compared to Canada's 32 million. That makes things necessarily more expensive for us since we're a lot more spread out. Our government services are also better than the Koreans. |
Do elaborate please. |
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AgentM
Joined: 07 Jun 2009
Location: British Columbia, Canada
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| Posted: Thu Aug 27, 2009 11:00 am Post subject: |
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| CA-NA-DA-ABC wrote: |
| Do elaborate please. |
Think about it, a smaller, spread out population means that governments have less of a tax base to work with while having to deal with vast territory. So with that lower tax base, we have to build/maintain vast highway infrastructures. Governments have to attempt to provide services to widespread and disparate communities (even just in individual provinces) which is difficult and costly. Healthcare costs consume large portions of every provinces budget, part of that is quite simply because it's expensive to maintain adequate healthcare services throughout each province. If we were a smaller country geographically, with better transportation infrastructure, it would be easier to centralize more of our medical services.
Things like that have an effect. |
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CA-NA-DA-ABC
Joined: 20 Jun 2006
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| Posted: Thu Aug 27, 2009 2:17 pm Post subject: |
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| AgentM wrote: |
| CA-NA-DA-ABC wrote: |
| Do elaborate please. |
Think about it, a smaller, spread out population means that governments have less of a tax base to work with while having to deal with vast territory. So with that lower tax base, we have to build/maintain vast highway infrastructures. Governments have to attempt to provide services to widespread and disparate communities (even just in individual provinces) which is difficult and costly. Healthcare costs consume large portions of every provinces budget, part of that is quite simply because it's expensive to maintain adequate healthcare services throughout each province. If we were a smaller country geographically, with better transportation infrastructure, it would be easier to centralize more of our medical services.
Things like that have an effect. |
Of course they can. To suggest that could fully explain 8 to 10 times difference in tax rates is far-fetched however. There are more factors involved in taxation systems than land size.
And this argument about "centralization" is weak considering most of the small "widespread and disparate" communities outside of major urban centres lack such services.
Regardless, my original post was in response to the previous posters who brought up the input vs. output issue. I am pointing out that what you get for what little you pay for in Korea is fabulous. |
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AgentM
Joined: 07 Jun 2009
Location: British Columbia, Canada
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| Posted: Thu Aug 27, 2009 2:55 pm Post subject: |
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| CA-NA-DA-ABC wrote: |
| Of course they can. To suggest that could fully explain 8 to 10 times difference in tax rates is far-fetched however. There are more factors involved in taxation systems than land size. |
Well I'm not claiming that this is the only factor, just an important one to consider.
| Quote: |
| And this argument about "centralization" is weak considering most of the small "widespread and disparate" communities outside of major urban centres lack such services. |
It depends on what 'communities' we're talking about. I don't know about other provinces, but in BC most regional centres of a decent size have a hospital. i.e. if you're talking about the West Kootenays, Trail is the regional surgical centre. But even Nelson has a hospital, and even my tiny hometown of 1000 people has a small hospital (although it's mostly for looking after seniors I think). Aside from hospitals there are also doctors to pay as well. |
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Juregen
Joined: 30 May 2006
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| Posted: Thu Aug 27, 2009 8:31 pm Post subject: |
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| meangradin wrote: |
| Quote: |
| Being from Belgium |
way off topic here, but from reading your previous postings, I suspected you were European. Did you learn English in Europe or were raised in an English speaking country? If the former, I bet it makes you a great teacher. |
I learned English in Belgium, although a few visits to England and easy access to English media, makes learning the language easy.
We learn English from the age of 12 till 18 and are expected to be able to have a simple conversation after 6 years  . Then university adds mandatory extra curriculum English classes, and some classes in the Masters are completely done in English.
Apart from that we also learn French and German.
You are expected to be fluent in 2 languages at the end of high school and three languages after finishing University.
So, given that vast experience, I tend to have an instinctive feel on how to run a class. Works for me. |
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Vox_Populi
Joined: 04 May 2009
Location: Seoul, South Korea
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| Posted: Fri Aug 28, 2009 9:53 am Post subject: |
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| I was mainly shocked that the USA isn't near low-tax end of the spectrum. I guess I'd better think about emigrating to New Zealand! |
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CA-NA-DA-ABC
Joined: 20 Jun 2006
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| Posted: Fri Aug 28, 2009 7:38 pm Post subject: |
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| Vox_Populi wrote: |
| I was mainly shocked that the USA isn't near low-tax end of the spectrum. I guess I'd better think about emigrating to New Zealand! |
Americans are shocked to hear that their tax rate isn't much different from Canada's and we get free healthcare  |
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Jack Manworth
Joined: 11 Aug 2009
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| Posted: Fri Aug 28, 2009 9:21 pm Post subject: |
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| CA-NA-DA-ABC wrote: |
| Vox_Populi wrote: |
| I was mainly shocked that the USA isn't near low-tax end of the spectrum. I guess I'd better think about emigrating to New Zealand! |
Americans are shocked to hear that their tax rate isn't much different from Canada's and we get free healthcare |
Well, A) it's not free, it's paid for by taxes and B) I've heard enough horror stories about the Canadian system that I certainly wouldn't brag about it on the internet. |
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AgentM
Joined: 07 Jun 2009
Location: British Columbia, Canada
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| Posted: Fri Aug 28, 2009 10:37 pm Post subject: |
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| Jack Manworth wrote: |
| B) I've heard enough horror stories about the Canadian system that I certainly wouldn't brag about it on the internet. |
There are just as many if not more horror stories about the American "health care system", which are as bad if not worse than the ones that get touted around about the Canadian system. Not like you guys can talk. A vast majority of Canadians favour public solutions to health care, there's reasons for that... |
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Jack Manworth
Joined: 11 Aug 2009
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| Posted: Sat Aug 29, 2009 12:02 am Post subject: |
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| AgentM wrote: |
| Jack Manworth wrote: |
| B) I've heard enough horror stories about the Canadian system that I certainly wouldn't brag about it on the internet. |
There are just as many if not more horror stories about the American "health care system", which are as bad if not worse than the ones that get touted around about the Canadian system. Not like you guys can talk. A vast majority of Canadians favour public solutions to health care, there's reasons for that... |
A) I never said the American system was great, I just said the Canadian system has enough flaws in it that I certainly wouldn't hold it up as a shining example of what health care should be.
B) It's a pet peeve of mine when Canadians talk about their "free" health care. It's not free. It's paid for by tax dollars. |
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