Originally posted by: HeroOfPellinor
Originally posted by: shinerburke
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.
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.
Add in the local, social, health, etc... taxes in Germany and France and their number will increase quite a bit.
If you include local and state taxes, including sales tax, into the U.S. number is rises to 29.8%.
Okay, here's the problem. Factor in the cost of heathcare for the US numbers.
It costs $614 for health insurance for a family of 3. If that family is pulling in 40k a year they're devoting 18% or so to insurance. Add that to the 20% taxes we pay and we're pulling even.
The problem isn't privatized health care, it's out of control privatized health care. There's no way it should cost that much to insure three people. For people in a much higher bracket that $614 becomes 10% and then 5% then .01%. And if the family isn't eating it, the employers are and that translates to fewer and smaller raises.
We have a better system, but something is wrong with it.