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In this context, Americans pay more than most Europeans to their governments, and work far more hours. I disagree. Americans work more hours (not a lot more,
by refurb 3y ago
In this context, Americans pay more than most Europeans to their governments, and work far more hours.
I disagree. Americans work more hours (not a lot more, but more) and make more money per hour and overall.
So when they have to hand over money for taxes, they hand over much less, as a percentage of hours worked. So they end up keeping more in the end.
That sounds like a lower tax burden to me.
And the upthread comment just isn’t true. Americans pay less tax overall and spend fewer work hours paying that tax. So of course they don’t get the same benefits as Europeans. That’s the trade off.
If Americans had to pay European tax rates they’d see a huge increase in tax burden., even the middle class. We’re talking a 50% increase in taxes. That’s very significant.
So if you asked Americans “do you want European level of benefits?” almost all would say yes. If you asked them if they wanted to pay much higher tax rates in exchange? A lot would say “no”.