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This seems to be the case in Scandinavia with broad basic health care. In at least one country median earners pay 60% tax IIRC. https://files.taxfoundation.org/
by boogies 6y ago
This seems to be the case in Scandinavia with broad basic health care. In at least one country median earners pay 60% tax IIRC. https://files.taxfoundation.org/legacy/docs/Progressivity%20of%20Scandanavian%20and%20US%20Income%20Taxes.png https://files.taxfoundation.org/legacy/docs/Progressivity%20...
- refurb 6y agoAnd that extends to far lower incomes than in the US. The 40% bracket in the UK starts at ~$60k USD (50k GBP). In the US you’d be in a 22% bracket up to $84k. Not picking on the UK, just an example.