Originally Posted by Zipper
I thought you were in Canada Bosco?
We do pay higher taxes here. You get what you pay for. Maybe you should be in Ontario.
I'm a dual citizen. I'm working in Alaska until 10/07 (seasonal, but this season keeps dragging on and on...). My house, wife, dog etc. is in British Columbia. In a typical year I am home about 5 months of the year. I've only been in this situation a couple of years. I have to understand the tax laws of both countries to keep from getting creamed. The laws as they relate to SS, CPP, OAS, etc. get complicated in cross-border situations.
The funny thing is, although the tax structure in Canada extracts more taxes out of you while you are working, it's a fairly tax-friendly place to retire.
Besides, if you consider the medical premium that you or your employer pays in the States to be part of your tax burden, I'm not even sure the taxes as that much higher in Canada for middle-class income rates.