March 17, 2010 at 3:28 pm
#809068
Member
I agree I would never move to escape paying taxes.My parents paid taxes all their lives , I do not think they enjoyed it either but they are honest people who slept at night.I live in Canada where the corporate taxes are reasonable.the personal taxes are :
* 15% on the first $40,726 of taxable income, +
* 22% on the next $40,726 of taxable income (on the portion of taxable income between $40,726 and $81,452), +
* 26% on the next $44,812 of taxable income (on the portion of taxable income between $81,452 and $126,264), +
* 29% of taxable income over $126,264.
So as you see we are nowhere near your tax rates.
Judy