Quote:
Originally Posted by Edward64
Its pretty clear the US pays a lot less taxes than Europe. But what benefits/welfare are provided for the taxes is a good question.
I did some googling this morning and was not able to find a comparison. Searched on terms-like "US vs Europe Taxes Benefits/Welfare". If anyone knows of an analysis, I would be interested in reading it.
|
Indeed. It's hard to find a like for like due to this. For example: I know that I pay over $200 a month for health insurance (individual - my wife gets insurance through her work, but we should probably look at what would be best for costs there...) and I pay $800 a month for student loan repayments. Perhaps in a society where health care and schooling is mostly paid by the state my taxes would go up significantly.. but would they go up more than $1000 a month? Because if they don't, then I would have been better off financially (and, of course, the health care costs don't cover cost sharing).