As soon as you start paying 70% of your income in taxes.Originally posted by: BarneyFife
So when do I get my free health care like the Germans, French, and even the freaking Iraqis get?
Originally posted by: shinerburke
As soon as you start paying 70% of your income in taxes.Originally posted by: BarneyFife
So when do I get my free health care like the Germans, French, and even the freaking Iraqis get?
Originally posted by: sMiLeYz
Since when do the right refer to France and Germany, except when it suits their political agendas?
Originally posted by: BarneyFife
Originally posted by: shinerburke
As soon as you start paying 70% of your income in taxes.Originally posted by: BarneyFife
So when do I get my free health care like the Germans, French, and even the freaking Iraqis get?
Care to back it up.
Originally posted by: charrison
Originally posted by: sMiLeYz
Since when do the right refer to France and Germany, except when it suits their political agendas?
This was shown as an example of how little the left knows about economic policy.
Originally posted by: sMiLeYz
Originally posted by: charrison
Originally posted by: sMiLeYz
Since when do the right refer to France and Germany, except when it suits their political agendas?
This was shown as an example of how little the left knows about economic policy.
Way to twist words I didn't say. Wow... In that Quote I didn't mention economy at all until I edited it.
Originally posted by: charrison
Originally posted by: BarneyFife
Originally posted by: shinerburke
As soon as you start paying 70% of your income in taxes.Originally posted by: BarneyFife
So when do I get my free health care like the Germans, French, and even the freaking Iraqis get?
Care to back it up.
France is cutting its top rate to 54%. This is just for income tax and not any others taxes a person might pay. Canadian taxes are significatly higher as well for the their "Free" healtcare.
Same for the UK, Germany, and and any other country that has "free" healthcare.
Originally posted by: sMiLeYz
Since when do the right refer to France and Germany, except when it suits their political agendas?
Anyway, their tax cuts aim for the middle class while our tax cut is aimed at the wealthy and to bankrupt social security.
Originally posted by: Dari
Originally posted by: charrison
Originally posted by: BarneyFife
Originally posted by: shinerburke
As soon as you start paying 70% of your income in taxes.Originally posted by: BarneyFife
So when do I get my free health care like the Germans, French, and even the freaking Iraqis get?
Care to back it up.
France is cutting its top rate to 54%. This is just for income tax and not any others taxes a person might pay. Canadian taxes are significatly higher as well for the their "Free" healtcare.
Same for the UK, Germany, and and any other country that has "free" healthcare.
My God, those percentages give me nightmares.
Originally posted by: BarneyFife
Originally posted by: Dari
Originally posted by: charrison
Originally posted by: BarneyFife
Originally posted by: shinerburke
As soon as you start paying 70% of your income in taxes.Originally posted by: BarneyFife
So when do I get my free health care like the Germans, French, and even the freaking Iraqis get?
Care to back it up.
France is cutting its top rate to 54%. This is just for income tax and not any others taxes a person might pay. Canadian taxes are significatly higher as well for the their "Free" healtcare.
Same for the UK, Germany, and and any other country that has "free" healthcare.
My God, those percentages give me nightmares.
Don't worry, your taco bell job isn't going to put you in any bracket above 15%.
Originally posted by: Dari
Originally posted by: BarneyFife
Originally posted by: Dari
Originally posted by: charrison
Originally posted by: BarneyFife
Originally posted by: shinerburke
As soon as you start paying 70% of your income in taxes.Originally posted by: BarneyFife
So when do I get my free health care like the Germans, French, and even the freaking Iraqis get?
Care to back it up.
France is cutting its top rate to 54%. This is just for income tax and not any others taxes a person might pay. Canadian taxes are significatly higher as well for the their "Free" healtcare.
Same for the UK, Germany, and and any other country that has "free" healthcare.
My God, those percentages give me nightmares.
Don't worry, your taco bell job isn't going to put you in any bracket above 15%.
ouch, you think you're special cause you're the big, bad CUSTODIAL ENGINEER and you get to eat the left-overs?
Gladly...Originally posted by: BarneyFife
Originally posted by: shinerburke
As soon as you start paying 70% of your income in taxes.Originally posted by: BarneyFife
So when do I get my free health care like the Germans, French, and even the freaking Iraqis get?
Care to back it up.
Originally posted by: shinerburke
Originally posted by: BarneyFife
Originally posted by: shinerburke
As soon as you start paying 70% of your income in taxes.Originally posted by: BarneyFife
So when do I get my free health care like the Germans, French, and even the freaking Iraqis get?
Care to back it up.
It's a bit complicated....hope you can follow.
France
Couldn't find one page with lots of info like the German one. Seems the French like to keep their taxes secret.
Base income tax can be as high as 52.75%
French Wealth tax can be as high as 1.8%
Social taxes, what they call "CDG" = a flat 8%
Not much more could be found though other taxes were mentioned. Seems they didn't want to get into all the local govt. taxes. Anyway...add the numbers above together and you get 62.55%
Germany
The Method of Taxation in Germany:
Base income tax can be as high as 48.5 percent.
Then you have municple taxes which include things like an 8%-9% tax if you belong to a church.
A 5.5% solidarity tax imposed to help pay for the merger of the two Germanys
Then there is the 50% Capital Gains tax
Then there is the 12.8% social security tax employees must pay
Add it all together, excluding the Capital Gains and assuming a person is a church member, and you get....70.3%
Based purely on income taxes the average tax burden in France is 36%, Germany 47%. The U.S. is 20% which includes social security and medicare.Originally posted by: BarneyFife
Most people aren't making 200,000 or more to have to pay that much. If you bring an average Joe off the street with a household income of 60k, 2 kids... There is a good chance that he will be paying the same amount of taxes as the person in France is without the added perks. Now imagine Joe, paying $500 a month for health insurance of his family. That's 6k or 10% right there. The best way to compare the tax systems plus perks would be to take the median salary of both countries and run them through the tax systems and see who comes up with the most disposable income.
Originally posted by: sMiLeYz
lol its going to get messy in here I can tell...
France and Germany are having more problems than us economically, their tax cuts are aimed at the middle class to spur consumer spending and confidence in the economy once again.
Bush's tax cut makes no sense at all, it signifigantly shifts the tax burden from the wealthy to the middle class. Under the assumption that the wealthy would pass the savings on like a trickle effect. It didn't work that way under Reagan, it doesnt work now. That is why most economist and Warren Buffet are highly critical of the tax cut. Because it doesnt make sense economically not to mention it's socially and fiscally irresponsible in the time of such growing deficit.
That's why most people view the tax cuts as favor for Bush's friends. It mostly benefits the wealthy not the ordinary citizen.
Originally posted by: sMiLeYz
lol its going to get messy in here I can tell...
France and Germany are having more problems than us economically, their tax cuts are aimed at the middle class to spur consumer spending and confidence in the economy once again.
Bush's tax cut makes no sense at all, it signifigantly shifts the tax burden from the wealthy to the middle class. Under the assumption that the wealthy would pass the savings on like a trickle effect. It didn't work that way under Reagan, it doesnt work now. That is why most economist and Warren Buffet are highly critical of the tax cut. Because it doesnt make sense economically not to mention it's socially and fiscally irresponsible in the time of such growing deficit.
That's why most people view the tax cuts as favor for Bush's friends. It mostly benefits the wealthy not the ordinary citizen.
Originally posted by: Dari
Bush's tax cut was geared towards those that pay the most taxes. lower their burden, and they're most likely to recycle it back into the economy. makes sense to me.
Originally posted by: sMiLeYz
lol its going to get messy in here I can tell...
France and Germany are having more problems than us economically, their tax cuts are aimed at the middle class to spur consumer spending and confidence in the economy once again.
Bush's tax cut makes no sense at all, it signifigantly shifts the tax burden from the wealthy to the middle class. Under the assumption that the wealthy would pass the savings on like a trickle effect. It didn't work that way under Reagan, it doesnt work now. That is why most economist and Warren Buffet are highly critical of the tax cut. Because it doesnt make sense economically not to mention it's socially and fiscally irresponsible in the time of such growing deficit.
That's why most people view the tax cuts as favor for Bush's friends. It mostly benefits the wealthy not the ordinary citizen.