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Re:Democrats More Positive About Socialism Than Capitalism (... by Broken_Hippo on Wednesday May 29, 2019 @05:11AM (#20038133)
Most folks aren't making that sort of money either, just like most folks aren't making 500,000. Most professions with high incomes in the US don't make as much here, but then again, the floor is generally higher.

It really doesn't matter if the tax rate is 24% in california if you are paying out of pocket for health care. You cannot compare tax rates from the US to Norway without including both state tax, federal tax, and health care (because the Norwegian tax rate includes this).

In the US, Even if you are lucky enough to have an employer who pays for part of it, you are likely paying a few hundred a month, on top of which you must pay for the deductible (at least a few thousand)... and then you still pay 20% until you've reached the out of pocket. Prescriptions are something else entirely (I am taking one that costs 8k in the us. I pay nothing due to the type of medicine it is). For medical, I paid about 2500kr out of pocket (less than 300) for the year and now most things are covered. If I wind up in the hopsital, I'll have bandages and possibly prescriptions if they aren't maintenance prescriptions. These are reasonably priced. Children's medical care is free.

And again, the taxes include schooling. This helps doctors not need to be paid as much, for example, because they aren't having to pay back loans for 8 years of schooling. And so on. I'm an immigrant, and I get schooling if I qualify and health care.

And as I've said elsewhere, you don't notice the VAT most times. The only time I really noticed was when ordering and importing an instrument into norway last year. It is included in price. FWIW, VAT is 0% on books and newspapers, 15% on food, and 25% on everything else. I know the price when I get to the register.

I'm awfully certain that the us could make up much of that 10% if they simply didn't have as many tax breaks for different folks.

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