Re:US takes 'richest nation on earth' crown from Switzerland
by AstralStorm on Friday September 20, 2019 @01:01AM
(#21023456)
Actually 7% in France, basing it off budget for 2017.
The tax burden is higher because education, public transport, agriculture and social (mostly retirement) are paid in tax rather than mostly privately.
US has the private system for retirement plans and it sometimes fails utterly. The nationalized one does not, though it may not be as big of a payout.
And education saddles people with debt, as well as causes cost (admin) inflation.
The tax burden is higher because education, public transport, agriculture and social (mostly retirement) are paid in tax rather than mostly privately.
US has the private system for retirement plans and it sometimes fails utterly. The nationalized one does not, though it may not be as big of a payout. And education saddles people with debt, as well as causes cost (admin) inflation.