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Mitt Romney
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<blockquote data-quote="klein" data-source="post: 931919" data-attributes="member: 23950"><p>Well, I always wanted to find out why some of our rich & famous Canadians tend to live south. I know it couldn't just be because of the colder winters..</p><p></p><p></p><p>They pay 15% less taxes on their savings and investments in the US. Simple as that. </p><p>It's a huge savings , depending how much money they have, but by just earning 1 Million in investments/savings, it saves them $150.000 per year. Easiely makes up for paying for their own healthcare insurance.</p><p></p><p>Here capital gains taxes are 30%, more than the average income tax paid by working for a living.</p><p>It's the opposite in the US.</p></blockquote><p></p>
[QUOTE="klein, post: 931919, member: 23950"] Well, I always wanted to find out why some of our rich & famous Canadians tend to live south. I know it couldn't just be because of the colder winters.. They pay 15% less taxes on their savings and investments in the US. Simple as that. It's a huge savings , depending how much money they have, but by just earning 1 Million in investments/savings, it saves them $150.000 per year. Easiely makes up for paying for their own healthcare insurance. Here capital gains taxes are 30%, more than the average income tax paid by working for a living. It's the opposite in the US. [/QUOTE]
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