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> "Another reason to not miss a day on the job: half of your income is confiscated by your government for the "social good"" Taxation is not spread evenly. The
by potatolicious 13y ago
> "Another reason to not miss a day on the job: half of your income is confiscated by your government for the "social good""
Taxation is not spread evenly. The portion of the population most at-risk (i.e., lowest levels of health insurance, lowest levels of paid leave, etc) pay little to no taxes. Tax rates only become high in populations that can afford to take a day off (i.e., good health insurance coverage, paid sick days, etc).
So no, the people who are afraid of missing a day of work do not have "half their income" confiscated by the government.
In fact, I'd be interested in seeing anyone in the US who pays an income tax rate of 50%. This seems like an interesting feat, considering the highest marginal rate is 40%.
- tptacek 13y agoYou could probably get there in NYC, which has both a high state tax and a city tax.
- pandaman 13y agoHe is not saying "income tax rate is 50%". Please pay attention. The half of the income comes from the estimates of how much you pay taxes in total. Including property, sales tax, various fees and tariffs, and, most importantly, portion of corporate and other taxes that the consumer pays as part of the prices of goods and services.