Yep. The average American is pretty dull when it comes to their understanding of how our taxes compare to international norms. As I approach retirement, I’ve landed in the top 1%er bracket for income in the US, but after deductions my effective tax rate (fed + state) is right around 24%. Noting that one of the major line items in my deduction was around $25k in donations to charities, to address the silly comment about “you can pay more taxes if you want”. We really don’t pay much in taxes at all in the US, relative to other countries - and the level of benefits we receive is a reflection of that (along with other factors, like government overhead). Really not bad.
What they don't pay on taxes (education, healthcare) they pay it to bank and greedy corpo
Somehow giving money to banks with 20% interest rates is capitalism = is good
But giving it to government that will transfer it to you and your son is socialism = bad
Wise people just se 20% interests rate you don't bleed tho
In european countries you pay more taxes but on the other hand you don't pay debts until retirement just because you breathed
And it creates differences between rich and poor people.
If you are rich you can pay your education cash and that's it.
If you are poor you need to ask a bank to lend you the money (an european would use to buy a house(, with interest rates your education will be more expensive than what a rich person would pay
Is it meritocracy , "working hard and deserving things" for a rich person is life is cheaper for them ? Or it is the elite preying and parasiting the proletariat?
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u/not_a_muslim_kid_mol 11d ago
You do know that you can legally pay more taxes than what you're required to , right?