methods that provinces use to raise balance not covered by federal transfer payments for medical pro
- direct cost-sharing by residents & employers (Ex: ON)
- payroll tax (Ex: ON)
- general revenue (Ex: NB)
- tax on group insurance plans (Ex: ON)
is general revenue the same as general tax revenue？
Comments
yeah - that's the only way provinces can raise money
what is the difference between payroll tax and general tax revenue
Payroll tax - A more "specific" tax and think of this as the tax you/your employer pays on your wages for specific insurance or social programs (Workers Comp, Health Care, EI, etc)
General tax revenue - This is the broad aspect of tax in society (sales tax, income tax, corporate tax) paid by all taxpayers and can be used for a variety of things