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That's the reason I used GDP per capita instead of after-tax income. Even if employees do not need to pay for insurance, retirement, or schooling, the nation as
by benkuykendall 11y ago
That's the reason I used GDP per capita instead of after-tax income. Even if employees do not need to pay for insurance, retirement, or schooling, the nation as a whole still has to.
- beagle3 11y agoBut that comparison is flawed too; I don't know about Switzerland, but e.g. both Canada and Israel have effective single payer healthcare systems, which cost half as much per capita as in the US, and deliver higher life expectancy with 100% coverage and no medical bankruptcies. It's too complex to summarize it with just one number per country.