Rod: Canadian tax rate: 50% + Surcharge taxes (Varies) (15%-29% federal + 5%-21% provincial + $0–$900CDN Health Premium + Surcharge Taxes
US tax rate: 55.9% (max of federal+state+local) 10%-39.6% (federal) +
0%-13.3% (state)+
0%-3% (local)
Both the rates are max. My rate is about 15% FED, 10% STATE (INCLUDING SALES TAX) and about the 3% for LOCAL. Works out to about 28%.
Now last time I was in Canada the sales tax was unbelievable! The exact same item 20 miles south of the border was 1/2 the price! You are paying the taxes but don't see it. I'm paying 6.5% sales tax in my state. I think this is a case of what you have heard, not necessarily what's actually happening. The only folks paying that 55.9% are people making in the excess of 600,000 dollars a year. That's a far cry from the about 28% I'm paying.
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Today's Featured Article - Diagnosing Engine Difficulty - Diesel Tractors - by Staff. The following suggestions are listed for your assistance. You can make simple adjustments on your tractor that will improve its operation and save you the time and expense of hiring someone to do it for you. Always make one adjustment at a time, and if the adjustment made does not improve the condition, return to the original setting before proceeding to the next adjustment. Hard Starting Cold air temperatures. Insufficient fuel.
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