2 edits | reply to tshirt
Re: This is actually really interesting said by tshirt: AND really don't forget the 49% tax burden! My source says the average real tax in Finland is 46%. And, they have an extremely low level of wealth disparity compared to the US, whose real tax averages 40%.
The Gini-index part is interesting. The US has more in common with Mexico and China in terms of wealth disparity, which are both near 45. Canada is with all the other WASPie nations like Finland, Belgium, Germany.
And just a 6% real tax difference? Seems like we're getting shortchanged. |
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| Yep.
USA is only better for high-income individuals; for anyone with average-or-below, nordic socialist nations are a far better choice. |
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 tshirtPremium,MVM
join:2004-07-11
Snohomish, WA
kudos:3 | reply to amigo_boy
The EU counsel puts Finland at TOTAL taxation 48.8% of GDP, and the comparitive measure for the US around 29.6 (2009 numbers for both) A long way apart.
However if you think you'll be better off there, feel free to move. |
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| said by tshirt: The EU counsel puts Finland at TOTAL taxation 48.8% of GDP, and the comparitive measure for the US around 29.6 (2009 numbers for both) A long way apart. I thought you were talking about what an individual would pay.
I think everyone knows we pay a lot more than 29.6% tax when income, sales, property and sin taxes are added together. It's only by adding corporate and capital gains taxes (with all the loopholes) that it goes back down to 29.6%. |
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 M A R SPremium
join:2001-06-15
Long Island
 ·Optimum Online
| said by amigo_boy:said by tshirt: The EU counsel puts Finland at TOTAL taxation 48.8% of GDP, and the comparitive measure for the US around 29.6 (2009 numbers for both) A long way apart. I thought you were talking about what an individual would pay. I think everyone knows we pay a lot more than 29.6% tax when income, sales, property and sin taxes are added together. It's only by adding corporate and capital gains taxes (with all the loopholes) that it goes back down to 29.6%. interesting, does any one have a link to what some like me on Long Island pays? I bet in the end its much more than 29.6%
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Democrats Have Guns Too.. |
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| said by M A R S: does any one have a link to what some like me on Long Island pays? I bet in the end its much more than 29.6% I haven't seen anything broken down by state.
It's difficult to measure, and especially apply cross-culturally. For example, earlier in this thread "pnh" pointed out how ISPs pay a tax to cities for their use of easements and rights of way. That tax is passed on to the ISPs' customers.
So, if a country like Finland doesn't do that (instead paying for the administration of easements from the general fund), their tax rate looks higher than ours.
Same with healthcare. You pay for your private insurance premiums through a paycheck deduction (and co-pay at time of visit, and deductables each year). If a country like Finland has single-payer healthcare insurance coming out of the general fund, you can't really compare their total (real) tax rate without considering what we pay which isn't a precisely a tax.
It's not as clear as it might seem. |
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| reply to tshirt
Where did I say I think I would be better off?
Reading comprehension...? |
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