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Reply to "Do most of you not realize how out of touch and privileged you are?"
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[quote=Anonymous][quote=Anonymous] OP, you don't even understand the problem well enough to complain about it. The issue isn't how we're taxed. Take, for instance, Germany. We can all agree that Germany has a lot more social safety nets than the US, including healthcare. Germans living outside of Germany don't pay ANY tax--only those that live in Germany. Unlike the US, which taxes all citizens regardless of where the live. Income tax in Germany is progressive, starting at 1% and rising incrementally to 42% or for very high incomes, 45%. The tax rate of 42% applies to taxable income above €57,051 for 2020. The Federal Income Tax Brackets The U.S. currently has seven federal income tax brackets, with rates of 10%, 12%, 22%, 24%, 32%, 35% and 37%. As you can see, Germans don't pay significantly higher taxes. The difference lies in what Germany does with the money it collects. Here's a hint: [b]It does not pay for wars, weapons, or a massive military, nor do their soldiers retire with a full pension after 20 yrs, often below the age of 40 or 45.[/b] $740.5 billion goes to "national security". The US spends THREE TIMES as much on this as any other country. The next closest is China. THere's your problem right there. --retired military [/quote] I mean...they’re also not ALLOWED to spend their money on that as a result of treaties signed after the end of WWII and their attempt to dominate the world with Nazis. So yeah...thank GOD that we spend a considerable amount of resources on our military (you included—thank you for your service) lest we all be speaking German today....or Chinese if we fail to keep our military strong.[/quote]
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