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1. jdmore+gk[view] [source] 2024-02-14 21:09:24
>>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

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2. retrac+5q[view] [source] 2024-02-14 21:33:27
>>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.

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3. throwa+0s[view] [source] 2024-02-14 21:41:12
>>retrac+5q
For context, 75,518 EUR is $81,014. So if you're a software engineer making $200k, you're paying 37% on the first $81,014, or $30,000, and then 50% on the remaining $118,986, or $60,000. For a grand total of $90k on your $200k salary.

Oof. In a modern society, with modern technology, why does the government demand ownership of 30-50% of the value that people generate? That's an enormous amount of free labor.

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4. bojan+Ct[view] [source] 2024-02-14 21:49:22
>>throwa+0s
It's not a good example as almost no-one has a salary that high. For software engineers you're looking at say 90-100K as an average maximum, with vast majority earning less than that.

Edit to cover your edit: it's certainly not free labour, I happily pay my taxes because I believe I'm getting quiet something in return.

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5. throwa+5v[view] [source] 2024-02-14 21:55:46
>>bojan+Ct
It is free labor. You giving your income to the government is equivalent to doing free work. And of course, some level of that is required. I'm not anti-tax, I'm anti wasteful tax. And to my mind, requiring 30%-50% of everyones created value, just to maintain society, is enormously wasteful. There is no way in hell an efficient society actually requires that level of income tax of everyone.
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6. sofixa+0y[view] [source] 2024-02-14 22:08:25
>>throwa+5v
> There is no way in hell an efficient society actually requires that level of income tax of everyone

If there's no way in hell you can sure back up that claim with sources? I personally cannot think of a single country with what I would consider to be a somewhat efficient society that has a significantly lower tax rate. On the contrary, as established upthread, in the US which many Americans pride themselves on being low tax, the effective tax rate is not far off, and American society is drastically less efficient or comfortable than e.g. Dutch one.

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7. throwa+Wy[view] [source] 2024-02-14 22:13:38
>>sofixa+0y
The burden of proof is on the people claiming that level of taxation is required in the first place. If taxes need to be that high, its on high tax proponents to justify it, not on everyone else to justify why we shouldn't raise them higher.

If you stop to think about it, there are only 3 possibilities: 1) Taxes are perfectly calibrated to exactly what they need to be. 2) Taxes are less than they need to be. 3) Taxes are more than they need to be.

Perfect calibration is nearly impossible. So that leaves 2 and 3. Which do you think is more likely of a corruption-prone organization that takes income through the implicit threat of physical violence?

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