Canada (Ontario): $28,800-$32,400 CAD ($20,700-$23,300 USD) in total taxes (40-45%), but includes healthcare.
U.S. (Texas): ~$17,100-$20,500 USD in taxes (24-28%), plus healthcare costs of ~$4,500-$18,700, potentially totaling ~$21,600-$39,200 (30-54% when healthcare is included).
Grok being it's slippery self again, trying to make Canada and US similar...
A lot of the premium amounts assigned to Americans are actually covered by employers. Yes, it's a tax, but it would INCREASE ave salaries/income by the same amount that's paid by the employer.
LOTS of high income people get Medicare. They spend VERY little on healthcare.
Also, US health insurance IS a tax because it subsidizes artificially-low Medicare schedules/Medicaid schedules and hospitals' free services.
Trump is acting to stop Rx industry from overcharging the US health system.Lots of US OOP spending is for Rx copays that should be dropping.
>If Grok is going to include US health spending as a tax, how do they propose to include the VAT taxes collected by the Canadian system?
55%? That seems insane.
Grok states:
Example for $72,000 USD Income:
Canada (Ontario): $28,800-$32,400 CAD ($20,700-$23,300 USD) in total taxes (40-45%), but includes healthcare.
U.S. (Texas): ~$17,100-$20,500 USD in taxes (24-28%), plus healthcare costs of ~$4,500-$18,700, potentially totaling ~$21,600-$39,200 (30-54% when healthcare is included).
Grok being it's slippery self again, trying to make Canada and US similar...
Yah I don't doubt it's 55% (it's based on income though) but just thought I'd throw that grok output here