> In 2018, I took my total $$$ paid to Fed + CA and divided over total income and effective rate was only 28%
Do you mind plugging in the same income to https://simpletax.ca/calculator for Ontario, use $26500 of RRSP deduction and see your effective rate? In this comment (https://news.ycombinator.com/item?id=23618074) I showed that an income with 30% effective rate in California has a 35% effective rate in Ontario. Higher? Yes. A lot higher? IMO, no.
Agreed. This is a huge tax break.
> In 2018, I took my total $$$ paid to Fed + CA and divided over total income and effective rate was only 28%
Do you mind plugging in the same income to https://simpletax.ca/calculator for Ontario, use $26500 of RRSP deduction and see your effective rate? In this comment (https://news.ycombinator.com/item?id=23618074) I showed that an income with 30% effective rate in California has a 35% effective rate in Ontario. Higher? Yes. A lot higher? IMO, no.