2011-09-26
Effective "Tax" Rate in USA is 48.98% with Few Assurances!!!
I recently had a discussion with an EU citizen, from a Nordic nation, about tax rates in her nation as apposed to the USA's tax rates. She stated that in her country the "tax" rate is about 50% of income earnings. I asked her what does that rate cover, and according to her the below list summarizes the major benefits that taxes cover in that Nordic nation:
The table illustrates what the American in question effectively pays to attempt to achieve the first three items in the above list. Of course, the effective "tax" rate cannot take into account the lack of guarantees built into the US economic system.
Items four and five above are not guaranteed by US Federal laws. They are based on "free" market forces; therefore, they cannot be simulated effectively. Also keep in mind that the effective "tax" rates would be higher for a "middle class" or economically "poor" employee.
- Guaranteed universal health care regardless of ones employment status
- Guaranteed paid for eduction including payment for post-secondary higher education (College, university, etc.)
- Guaranteed pension plan with universal health care for retirees
- Guaranteed vacation time (many weeks)
- Guaranteed sick leave
- etc.
The table illustrates what the American in question effectively pays to attempt to achieve the first three items in the above list. Of course, the effective "tax" rate cannot take into account the lack of guarantees built into the US economic system.
Items four and five above are not guaranteed by US Federal laws. They are based on "free" market forces; therefore, they cannot be simulated effectively. Also keep in mind that the effective "tax" rates would be higher for a "middle class" or economically "poor" employee.
2011-05-01
Day in the Life of Joe Middle-Class Republican
Day in the Life of Joe Middle-Class Republican
By John Gray – Published by TvNewsLies.org – July, 2004
Joe gets up at 6:00am to prepare his morning coffee. He fills his pot full of good clean drinking water because some liberal fought for minimum water quality standards. He takes his daily medication with his first swallow of coffee. His medications are safe to take because some liberal fought to insure their safety and work as advertised.
All but $10.00 of his medications are paid for by his employers medical plan because some liberal union workers fought the ir employers for paid medical insurance, now Joe gets it too. He prepares his morning breakfast, bacon and eggs this day. Joe’s bacon is safe to eat because some liberal fought for laws to regulate the meat packing industry.
Joe takes his morning shower reaching for his shampoo; His bottle is properly labeled with every ingredient and the amount of its contents because some liberal fought for his right to know what he was putting on his body and how much it contained. Joe dresses, walks outside and takes a deep breath. The air he breathes is clean because some tree hugging liberal fought for laws to stop industries from polluting our air. He walks to the subway station for his government subsidized ride to work; it saves him considerable money in parking and transportation fees. You see, some liberal fought for affordable public transportation, which gives everyone the opportunity to be a contributor.
Joe begins his work day; he has a good job with excellent pay, medicals benefits, retirement, paid holidays and vacation because some liberal union members fought and died for these working standards. Joe’s employer pays these standards because Joe’s employer doesn’t want his employees to call the union. If Joe is hurt on the job or becomes unemployed he’ll get a worker compensation or unemployment check because some liberal didn’t think he should loose his home because of his temporary misfortune.
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