zlacker

>>vmoore+(OP)
> American parents on both sides of the political spectrum know this and are increasingly frustrated by how little they have been offered in this country—particularly in exchange for the high taxes they pay.

How much taxes do Americans think we Europeans pay? Those dutch parents are paying close to 60-70% taxes once you account also for VAT

>>jdmore+gk
> 60-70% taxes

The highest Dutch tax bracket is 50%, but that only applies to income over 75K EUR. Also, VAT doesn't apply to rent, and it's reduced for food. Housing and food are most household's largest expenses. So the 21% sales tax can be deceptive.

Taxation as a % of the Dutch GDP is 38%. That is to say, taxes take 38% of all the wealth produced in the Netherlands.

For some comparison purposes, the number in the USA is 27%, Japan 31%, Canada 33%, Germany 37%, Finland 42%.

The US does not have uniform tax rates. Taxation as a % of GDP in some of the higher-taxed US states comes in around 35% - quite close to the Dutch number.

It would appear that the typical middle class Dutch family probably pays about 30 - 50% of their income to taxation. The very wealthy might be coming up on 60% or so.

>>retrac+5q
The US has one of the most progressive tax rates of any nation. Not only do we not have a VAT, but also the top 10% pay over 70% of all income taxes. I don't think that it's a coincidence that the American government seems especially inefficient at spending money.

https://taxfoundation.org/data/all/federal/summary-latest-fe...