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You keep repeating that. Yes, they have high VAT rates (flat rates, not progressive, or regressive) while their income taxes are progressive, just like ours.
How has it escaped your attention that 2/3 of their tax revenue comes from their REGRESSIVE taxes, and not their progressive income taxes?
Think of how much more your take home pay would be if you didn't have to support the welfare class that are taking your hard earned money while they sit at home and wait for their check....
Get a grip, what is welfare? Oh i forgot welfare is only for the poor. We don't count corporate or rich welfare because they make millions and billions.
" *Individual income tax rates for the lowest and second lowest quintiles are negative and are netted against the payroll tax rate. A quintile is one fifth of the population. Calculations assume that employees also pay the employer portion of payroll taxes in the form of reduced wages. The breaks are (in 2013 dollars): 20% $24,191; 40% $47,261; 60% $79,521; 80% $134,266; 90% $180,482; 95% $261,471; 99% $615,048; 99.9% $3,170,865."
No, it is not irrelevant. When a country's tax revenue is mostly dependent on regressive taxes, it's the poor and middle class who bear the brunt of the tax burden.
Get a grip, what is welfare? Oh i forgot welfare is only for the poor. We don't count corporate or rich welfare because they make millions and billions.
Corporate welfare? Since when do corporations get refundable tax credits?
The bottom 50% pays little or no taxes. These people need to start carrying their own weight and stop relying on the rest of us to pick up the slack for them. I didn't suffer through all those years of college just so I could hand over more of my money to cover their portion of the tax revenue. I'm sick of dragging all this dead weight around.
Waaaah. Cry me a river. I'm sorry that you make so much money that you must pay more in taxes than impoverished Americans. Not
Once again you show a irrelevant tax % stat. Sure the top rich pay higher tax rate then others at first. But what your stats don't show is how many tax breaks or loopholes there are after that basically leaves alot paying no taxes?
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