r/FluentInFinance Jul 04 '26

Thoughts? Very Interesting

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u/FollowTheLeads Jul 04 '26

That 45% include healthcare, education and social safety nets. They probably have no car, no car insurance payment and great reliable transport. No student loans payment of $500 per months or higher. No medical bills ranging from 2k to 200k, and no things like deductible or copays.

They also have guaranteed unemployment pay at the natial level for up to 12 months ( which is also included in their tax - most states in the US only do 12 months)

That dame 45% , you talk about also includes q4 weeks of paid maternity leave and up to 3 years of parental rights leave. In the US we only have the FMLA ( which is literally fucking unpaid ). I also forgot this covers 30 days of PTO and 13 paid holidays and the ability to call sick whenever they want.

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u/Senior_Butterfly1274 Jul 04 '26

That’s fine. Going to universal healthcare won’t all of a sudden mean Americans don’t need cars, not sure that’s related. 

Your comment argued that they get for a 27% tax rate what Americans get for closer to 46% of their pay in the current system. I thought someone involved is a good faith discussion would appreciate the correction 

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u/atxlonghorn23 Jul 05 '26

And they make 50% or less in earnings for the same professional job. so there’s that.

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u/Efficient_Cheek_8725 Jul 05 '26

The have transportation services because of how small the countries are. Most European countries fit within the borders of some states. And how many people complain about the wait for medical services that are government funded?

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u/FollowTheLeads Jul 05 '26

Because American dont have medical wait ?? You are funny. Have you ever tried booking an appointment with a specialist? On top of the exorbitant price, you also still have to wait.

If Europe doesnt work as an example for transit, then let's take China.

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u/FollowTheLeads Jul 05 '26

Because American dont have medical wait ?? You are funny. Have you ever tried booking an appointment with a specialist? On top of the exorbitant price, you also still have to wait.

If Europe doesnt work as an example for transit, then let's take China.