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If Canadians Are Better Off Than Americans, Why Are More Canadians Moving to America?

“Most Canadians Are Now Better Off Than Most Americans,” Bloomberg contends.

Are they?

Canada’s unemployment rate is 5.7%. America’s is 3.7%.

Then there’s income

“Taxes can also be a key differentiator for the two countries. Canada has a higher average practical tax rate than the United States at 28%. Business Insider reports that after taxes Canadians bring home $35,299 annually on average. In the United States the practical tax rate is lower at 18%. As such the average post tax annual salary in the U.S. is $52,344.”

But at least Canadians can wait a year for “free” hip replacement surgery.

Anyway, people tend to vote with their feet.

Read the full story from Front Page Mag

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