3 ms·
The funny thing is, you probably are not paying that much more in taxes [0]: "The OECD analyzes the tax burdens of 35 countries, including the United States an
by UnFleshedOne 7y ago
The funny thing is, you probably are not paying that much more in taxes [0]:
"The OECD analyzes the tax burdens of 35 countries, including the United States and Canada. According to its data, in terms of total tax revenue as a percentage of GDP, in 2010, the U.S. collected a slightly lower than average amount of taxes from its citizens ($11,365 USD per capita). Canada collected a slightly higher than average amount ($14,693 USD)."
This is taxes per GDP, but marginal taxes are not that different either.
[0] - https://www.cnbc.com/2017/08/07/canadians-may-pay-more-taxes-than-americans-but-theres-a-catch.html https://www.cnbc.com/2017/08/07/canadians-may-pay-more-taxes...
- gamblor956 7y agoA $3300 difference is a huge difference on a per capita basis. It's literally a 30% increase in tax burden on a per capita basis.
- yellingdog 7y agoThough it is less than the $4k I pay per year to health insurance for a Bronze HDHP as a healthy 25-year-old.
- xenospn 7y agoNot to mention your copay.
- temp1831 7y agoAgreed, especially given that U.S. income per capita is higher, making it true that taxes are even lower for two people of equal income. The double-edged sword: when income per capita is higher, the price for healthcare rises too (demand for healthcare is extremely inelastic).
- xenospn 7y agoWhen I lived in Israel, I used to pay about $100/month in health tax in one of the highest tax brackets, and after that, the only expensive is hospital parking, which is usually reimbursed.
- cmurf 7y agoAnd even that's misleading because of the high deductibles of all U.S. plans let alone if you happen to get a so-called high deductible plan (that qualifies for a Health Savings Account). To see a paid for benefit, other than those PPACA requires they be provided at no addition cost from the get go, you pay the annual "tax" in the form of a premium and then you pay the deductible, and then depending on the insurance and provider it will pay 50% to 90%. I estimate I'd have to spend ~$10,000 out of pocket before the first dollar "insurance" would pay. Per year, as the deductible resets. Americans are consistently paying obscene amounts of money for no better results and in some cases, like the up thread type 1 diabetes example, vastly inferior.