U.S. Student Debt in ‘Serious Delinquency’ Tops $166B

Re:U.S. Student Debt in ‘Serious Delinquency’ Tops $166B by zizee on Saturday February 16, 2019 @05:19PM (#19181299)

> So we chose to focus on a simple measure of tax burden: national-level income taxes plus mandatory social-insurance contributions as a percentage of gross income

I am not an American, nor that knowledgeable about their tax system, but my impression is that their system has a lot of layers (like state/county/local), which might make it unfair just to compare national level taxes.

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Re:U.S. Student Debt in ‘Serious Delinquency’ Tops $166B by candiodari on Saturday February 16, 2019 @07:37PM (#19181886)

Don't forget VAT is double. Property tax is higher. Employment tax (paid by employer, not part of gross pay) is a lot higher.

I always feel like tax should be measured in "if my employer pays 100 extra, how much more can I give another company for a good/service".

I don't know about US but for Germany the answer is between 25 and 40 depending on how low your income is and what your family situation is.

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Re:U.S. Student Debt in ‘Serious Delinquency’ Tops $166B by iguy on Sunday February 17, 2019 @04:00AM (#19183462)

Right, this is a good measure. The national-level one is just proportion of GDP spent by the government, however they collect it, and IIRC the figures are about 25% in the US, vs. about 45-50% in Germany.

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