Whenever they have a spike in demand, the de-regulated prices go up by several hundred percent. Example

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[+] -41 points 2 years ago (5 children)

How much is your income taxed? ~60%, like the rest of Canada?

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  • [–] 25 points 2 years ago* (last edited 2 years ago)

    The last bracket which starts at 235k is about 58% (but there are many ways to put money aside to lower your income bracket). But don't lose our hair worrying if we will have to file for bankruptcy to get basic healthcare. In Montreal we have a top 10 world university that costs less than 1000$ per semester for citizens. We also don't have to worry about people carrying guns around. But go on I guess

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  • [–] 10 points 2 years ago

    If you want to talk about taxes, include cost of your healthcare. Because that's included in our taxes.

    Fun fact, America pays as much per capita for healthcare through taxes as Canadians, but that only gets you Medicare and Medicaid. Americans sure get angry about a lot of things, but I never see them get angry about that.

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  • [–] 6 points 2 years ago

    According to ChatGPT:

    15% on the first $49,275 of taxable income.

    20% on the next $49,275 of taxable income (over $49,275 up to $98,550).

    24% on the next $19,170 of taxable income (over $98,550 up to $117,720).

    25.75% on the taxable income over $117,720.

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