4 ms·

>Meanwhile, other rich countries offer college that is significantly more subsidized, sometimes even free. It's not free, it's financed by exorbitantly high ta

by Qasaur 7y ago

>Meanwhile, other rich countries offer college that is significantly more subsidized, sometimes even free. It's not free, it's financed by exorbitantly high tax rates, which in the long-run is arguably more expensive.

smileysteve 7y ago
> it's financed by exorbitantly high tax rates You mean like 35% Federal, 15% Payroll, 5-10% state? and then a 9% sales tax? And then still "needing" to save 15% for retirement, company paying 15% for healthcare? Seems pretty short sighted to be thinking other places having higher tax rates when the middle class top marginal is approaching 90%.