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The point is average income Israelis and Europeans are simply in higher tax brackets, AND their tax brackets are flatter which means their average income earners pay a hell of a lot more in taxes than do average US income earners.
If you want Euro-style benefits in the US, CHARGE average US income earners Euro-style taxes.
I'm all for that! Why not. And I'd like to see tax increases on passive income. Passive income should be taxed at higher rates than someone working for their income.
I'm all for that! Why not. And I'd like to see tax increases on passive income. Passive income should be taxed at higher rates than someone working for their income.
See if you can get US average income earners ($59,000/household) to agree to pay a 45% effective federal tax rate, and we'll proceed from there. What are you waiting for? Surely, they're all clamoring to pay those high federal taxes, no?
See if you can get US average income earners ($59,000/household) to agree to pay a 45% effective federal tax rate, and we'll proceed from there. What are you waiting for? Surely, they're all clamoring to pay those high federal taxes, no?
These studies don't just tabulate income taxes but all taxes paid including property, VAT etc. USA taxpayers are not far behind, if they're behind at all.
These studies don't just tabulate income taxes but all taxes paid including property, VAT etc.
Incorrect. Look at the columns. No mention of property tax. Just income, social security (which I'm assuming includes national health care), and VAT taxes:
Incorrect. Look at the columns. No mention of property tax. Just income, social security (which I'm assuming includes national health care), and VAT taxes:
Currently all workers pay a Medicare tax of 1.45%. About 15% of US residents are covered by Medicare. However, the elderly account for 34% of healthcare spending. (https://journalistsresource.org/stud...ding-medicare/)
So if we triple the medicare tax to 4.5%, we could extend Medicare coverage to all. For most Americans that would probably be offset by not having to pay private insurance premiums.
I see where your math is coming from. But Medicare taxes only pay a portion of total Medicare costs.
And the per capita HC costs for the rest of our people are much lower than for our seniors.
Poll the doctors. Perhaps they'd be willing to accept incomes of less than $300,000/year to make MfA work.
Additionally, Israelis with an income of $66,380 ($US equivalent of NIS) are in the 35% income tax bracket. In the US, one doesn't reach the 35% income tax bracket until an income of $200,000. Frankly, here in the US, we need to flatten the income tax brackets to fall in line with other developed countries. At a minimum, there should be no problem putting Americans with an income of $70,000 or so in the 35% tax bracket, as Israel does.
Im not sure about that, majority of people seem to support Govt when it steps in to regulate or restrict access to other dangerous products or drugs.
At one time people could buy all the Ephedrine pills they wanted at gas stations and convenience stores, they were marketed as diet and energy pills, but many people were using them to make meth and useing them like speed, Govt stepped in and restricted access to these once they started becoming a problem, NO one is complaining or saying those laws should be redacted.
Same thing with bath salts, they could also be bought at convenience stores and gas stations, but once health problems started, Govt stepped in and restricted access, for public health and safety reasons, again, no one complaining about that.
Why would people complain if Govt did the same thing with junk or fast food, when they have generally supported eveything else Govt has restricted access to (due to health or safety concerns)?
Meth and bath salts are different than Twinkies and Cheetos. How about marijuana and alcohol. They were made illegal by the government for our own good. Prohibition was a huge failure so has the war on drugs. Banning items that people generally feel should be legal is not going to be the same thing as banning bath salts. We don't need illegal bakeries making donuts for the black market. And what stops people from making junk food at home. Make cooking oil and sugar illegal?
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