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Germany tax burden on consumption is over 18% against less then 7% in America: https://www.chicagofed.org/publications/chicago-fed-letter/2017/382 https://www.c
by da_big_ghey 5y ago
Germany tax burden on consumption is over 18% against less then 7% in America: https://www.chicagofed.org/publications/chicago-fed-letter/2017/382 https://www.chicagofed.org/publications/chicago-fed-letter/2...
A first deficit meaning Germany spend ordinarily all that and then also more. This is showing Germany spend significantely more for economy size.
Evidence is in need for supporting an idea that only spending above and beyond usual have an effect on markets.
- stuaxo 5y agoThis is not like-with-like. Spending on health should be lumped in with taxes to get a real picture.
- da_big_ghey 5y agoDisagree, not all German health spending are in that figure. We have different social program as well that might cause change in figure, so such argument make any comparison meaningless.