Quote:
Originally Posted by BigCityDreamer
This is what I'd like to get some clarity on.
How do people who are hardworking accept such extremely high tax rates on their income?
Can't you just pay for your education and healthcare instead of paying such high taxes?
At that point, what difference does it make?
|
Taxes aren't extremely high when you realise what you get with said taxes. Free healthcare for life; no co-pays, no deductibles. Free college which means no savings needed for your kids' college, subsidised student housing, subsidised student meals at cafeterias. Very cheap daycare for your kids, well-funded primary education, no school fundraisers ever. Subsidised swimming pools, soccer fields, ice hockey rinks etc. High-class infrastructure, no bridge collapses, no power line collapses because it was a bit cold or windy today. State-funded support NGOs for people that are disabled, sick, autistic, dyslexic, blind or whatever. State-funded sanctuary homes for domestic violence victims, subsidised summer camps for children. Subsidised elderly care and nursing homes, subsidised prescription drugs and so on. AND generous pensions. No 401k:s or other savings needed.
Hard-working high tax -payer implies that one is some kind of coke-sniffing secretary-grabbing Wall Street ghoul, while for example social workers who help disabled children are unproductive lazy losers with their low wages. We don't really think that way.
edit: and income taxes are pretty much the end-all of everything. For example property taxes are like 5% of what they are in states like NY or IL. In those states property taxes can be tens of thousands a year, while in the Nordics we are talking about hundreds a year. VATs are of course a factor, but an iPhone in Sweden doesn't cost 24% more than in the US because of VAT, it's like 15% more or something. Apple just eats up the lesser profit margin for product competitiveness.