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Re:The rich shouldn’t feel like the enemy’: Is New York turn... by titzer on Tuesday April 06, 2021 @09:27AM (#26711480)
45% is the top rate. 42% kicks in 57k income. 45% at 274k. You're right that the effective rate might be less for $100k, but not much. The curve is quite steep.

https://en.wikipedia.org/wiki/Taxation_in_Germany#/media/Fil...

Re:The rich shouldn’t feel like the enemy’: Is New York turn... by titzer on Tuesday April 06, 2021 @09:28AM (#26711491)
Also, VAT is high in Germany.
Re:The rich shouldn’t feel like the enemy’: Is New York turn... by iso1631 on Tuesday April 06, 2021 @04:21PM (#26716894)
Who pays vat? Less than 10% of my monthly outgoings are on VATTable things, and most of that expenditure is because I bought a new car rather than a second hand one.
Re:The rich shouldn’t feel like the enemy’: Is New York turn... by cwhiz on Tuesday April 06, 2021 @12:56PM (#26714308)
Based on that chart, the effective tax rate is not near 42%. It actually appears to be closer to 31-35%, which is almost exactly what the $100k person in NYC would pay.

I think the issue that most non-US citizens fail to realize or comprehend is that most people in America don't pay any tax at all. The labor participation rate is 61.5% and then half of the people that do work still don't pay any effective taxes due to all the credits and deductions. A minority of earners support the entire tax base.

...and then, of course, we frivolously waste the revenue we do generate.

Re:The rich shouldn’t feel like the enemy’: Is New York turn... by titzer on Tuesday April 06, 2021 @02:38PM (#26715613)
I am a US citizen, and I've lived abroad. Americans are being fleeced, and the entire mindset is that infrastructure is a cost, rather than an investment. It's crazy that we spend so much on "defense". The words of Eisenhower's parting address were not heeded.

But, regardless. If I were in charge I would fire the entire management of Amtrak and all Metro rails and just put the Germans, Swiss or Japanese in charge of it.