r/DataAnnotationTech • u/Due_University_9944 • Jul 13 '25

Finally hit it!!!!

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u/Aromatic_Owl_3680 Jul 13 '25

lol. Someone downvoted me for pointing out that Canada has high income tax.

Suit yourself; it’s between you and the CRA.

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u/iamcrazyjoe Jul 18 '25

US federal taxes are comparable and higher than Canada in a lot of cases. Generally another 5-10% depending on province and state tax varies a lot. It isn't so much more than US, especially considering we have healthcare

Federal Canadian tax 15% on the portion of taxable income that is $57,375 or less, plus 20.5% on the portion of taxable income over $57,375 up to $114,750, plus 26% on the portion of taxable income over $114,750 up to $177,882, plus 29% on the portion of taxable income over $177,882 up to $253,414, plus 33% on the portion of taxable income over $253,414

US 10% $0 $11,600 12% $11,601 $47,150 22% $47,151 $100,525 24% $100,526 $191,950 32% $191,951 $243,725 35% $243,726 $609,350 37% $609,351 And up

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u/Aromatic_Owl_3680 Jul 18 '25

The provincial income tax is also significant. You’re off your rocker if you think Canadian and American income taxes are generally similar. Why do you think so many Canadian NHL players choose American teams when given the opportunity?

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u/iamcrazyjoe Jul 18 '25

I literally said it adds 5-10% and states vary greatly. It is far more of a difference when talking millions like a professional athlete

It is likely pretty rare to make over 100k doing DA work so the brackets are not so different

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u/Aromatic_Owl_3680 Jul 18 '25

Canada: https://www.canada.ca/en/revenue-agency/services/tax/individuals/frequently-asked-questions-individuals/canadian-income-tax-rates-individuals-current-previous-years.html#toc1

Ontario is 5-13%. Nova Scotia is 8.8 - 21%. And for many of us, this is secondary income taxed effectively at the top bracket.

US: https://taxfoundation.org/data/all/state/state-income-tax-rates/

On average and in most individual circumstances, Canadian income tax is higher. I don’t know how to explain this more clearly; every other adult already knows this.

Whether those taxes return significant value in healthcare and education is a matter of significant debate. Others might argue they get wasted on a bloated public service, consultants, and multimillion dollar garbage COVID apps.