Idk about you but if the government took 24% of my money I’d be ecstatic, currently it’s much closer to 55-60%, a too-big percentage of which goes on privatising profit and nationalising losses.
Comment on Why does everyone hate Income tax ?
Rhynoplaz@lemmy.world 3 weeks ago
People are self centered, and don’t bother to take a deeper look at what is happening.
They get their paycheck and see that the gubment took 24% of their money and feel like they’ve been robbed.
At no point do they consider the years they spent in public school, or the roads they use to drive to work, or the ever present emergency services that will be available when they are needed.
1rre@discuss.tchncs.de 3 weeks ago
starlinguk@lemmy.world 3 weeks ago
Only 24 percent? What the fuck are they whining about?
RBWells@lemmy.world 3 weeks ago
I looked at my paycheck (US) vs. one of our Danish colleagues when I was doing our payroll, and yes, the tax was about 45%, my federal withholding is much less but once you add in the deductions for 401k (unsecured pension scheme) and health insurance (that doesn’t cover anything except annual wellness until we pay in 8,000 USD) and social security (the fed pension being paid now to old people, and their healthcare) my deductions also leave about 55% of my pay for net pay.
The part I object to most in terms of cost there is the healthcare - my deductions may mirror the Danes but I don’t think they also have to cover the first 8k of cost out of pocket.
IloveyouMF@lemmy.world 3 weeks ago
Exactly
Trust me if the government had to make up the difference from consumption taxes most people would lose more money to that then income tax, since income tax is predictable it can be optimized better while consumption tax has inherent variance so you have to set it high to be safe.
plz1@lemmy.world 3 weeks ago
You had me until the emergency services comment
- Fire department, available
- Police, available, you may end up murdered if you are the wrong skin tone
- Ambulance, available, but you’ll be billed for that ride. So what’d taxes pay for there?
- Mental health services, see Police
- Emergency room, available, see Ambulance and multiply by 50-100x
Rhynoplaz@lemmy.world 3 weeks ago
Yeah. I’m with you on all of that, but in many places that’s not the situation.
db2@lemmy.world 3 weeks ago
Or that those things should be paid entirely out of business and top 10% taxes because they can afford it. Apparently. 👆
IloveyouMF@lemmy.world 3 weeks ago
Obviously I agree that the rich should pay more in taxes that is common sense, but the idea we could run an economy without taxing anyone deemed “middle class” is a fantasy.
People love the European welfare state, here is the thing European taxation is way less progressive people of all income brackets pay more in taxes, I am not saying that is wrong but the fact is most Americans would hate it.
In the nordics it is a cultural assumption that everyone pays, yes even poor people.
European income tax rates are way flatter with the top income level kicking in earlier.
db2@lemmy.world 3 weeks ago
No it isn’t, the US was like that. They taxed everyone to fund a war then put it back, then did it again but didn’t put it back because they keep the money and here we are.