Originally Posted by brokencycle
It also has a better business atmosphere according to several studies and has a lower top marginal tax rate. =/
I would be interested in links to those studies.
As to tax...top federal rate is 29% and kicks in at only 132. Add that to the provincial rates, which are quite high relative to the US, and I would say the tax burden is higher for most folks. Ontario is 11% at only 78k, you're a combined federal/provincial of 40% at only 132k. BC is 15% at 102k, so at 132k you are paying 44%. Quebec is an incredible 24% at 80k, so at 132k you're paying a combined income tax of 53%!