Corporations would have to contribute a % of gross payroll as in Canada...in my small company it was 2.3% of gross payroll....the bigger the company the smaller the %.
That is completely backwards. The bigger the corporation, the
more they will pay. And anyone can call me whatever they wish, but I am all
for taxing huge corporations over taxing the little guy trying to put food on his table for his family. The huge corporations are making their profits on the labor performed by the little guys, usually for peanuts. It's the least they can do.
Most employers in Ontario qualify for an exemption on the first $400,000 per year paid out
in wages, meaning only companies who are paying out over $400,000 in wages in any given year are subject to paying this tax for our healthcare. As well, self employed people are not required to pay this tax on their self employed income.
Tax Rates for Corporations
Current tax rates (effective from January 1, 1990)
Total Annual Ontario Remuneration Rate
up to $200k 0.98%
over 200k - 230k 1.101%
over 230k - 260k 1.223%
over 260k - 290k 1.344%
over 290k - 320k 1.465%
over 320k - 350k 1.586%
over 350k - 380k 1.708%
over 380k - 400k 1.829%
over 400k 1.95%
Note: Most employers are exempt on the first $400000 in payroll, but some are not, mostly government employers.
I'm not sure what other provinces do, this is for ON only.
In my lifetime, I have not experienced, nor have I known anyone directly who has experienced what I felt to be inferior healthcare. I'm sure such experiences have existed for some, but I'm sure they also exist in the USA.