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A comment on The American dream is on life support in the Bay Area. Parent comment

Re:The American dream is on life support in the Bay Area by MomoXenosaga on Tuesday December 28, 2021 @07:19PM (#29720047)
SF is just a city, it cannot change America into a European style democratic socialist system- provided anyone in the US would actually want that and not immediately start crying about 21% VAT.
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Re:The American dream is on life support in the Bay Area by Amezarak on Tuesday December 28, 2021 @07:37PM (#29720211)
VAT is one of those weird mismatches between US and European politics. It would be regarded as very regressive in the US, since sales taxes disproportionately harm the poor.
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Re:The American dream is on life support in the Bay Area by throwaway0a5e on Tuesday December 28, 2021 @08:14PM (#29720506)
It's a lot easier to have regressive taxes when your starting point is this[0]

The US's starting point was revolting over a few percent on a couple random assortments of goods (and a few other affronts).

[0] https://img.ifunny.co/images/bfab53583fcce050029cd61cfea5c6d...

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Re:The American dream is on life support in the Bay Area by 0x0nyandesu on Tuesday December 28, 2021 @07:38PM (#29720220)
I feel like in both Cali and say Germany taxes are about 40% overall and balance out. For example in Germany long term cap gains is 0%.
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Re:The American dream is on life support in the Bay Area by spaetzleesser on Tuesday December 28, 2021 @09:28PM (#29721038)
Totally agree. And if health care deductibles and copays can easily add another 5-10% or more off your income.
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