Re:Why conventional wisdom on health care is wrong (a primer...
by 9dev on Saturday October 19, 2024 @10:54AM
(#41888117)
> Effective tax rates of 40-70% do not exist in the Us. It’s still a ridiculous amount of the economy to tax and spend.
That isn’t true. In Germany, where we have fairly high taxes, I get to keep about 60% of my gross income, and I’m in the maximum taxation group. This 40% includes universal health care, pensions, tax, and mandatory insurance for job loss.
Re:Why conventional wisdom on health care is wrong (a primer...
by inglor_cz on Saturday October 19, 2024 @11:57AM
(#41888546)
Don't forget the effects of VAT and various consumption taxes. If you buy stuff with your net income, ~ a sixth of the money spent will be indirect taxes again.
That isn’t true. In Germany, where we have fairly high taxes, I get to keep about 60% of my gross income, and I’m in the maximum taxation group. This 40% includes universal health care, pensions, tax, and mandatory insurance for job loss.