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Reply to "really jarring coming back to the US after traveling to Asia for the last three weeks"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous] Because corporate and personal tax rates are much higher in Japan. Next question?[/quote] I live in NYC and paid over 50% in taxes last year. Federal, city, state, SS... And for that, I get nothing. My kids go to private school because the DOE sucks; I have to have private heath insurance and even then end up paying thousands out of pocket because the best doctors and dentists don't take insurance; I have to fund my own retirement; the subway is filthy and filled with the homeless and mentally unstable. I'd rather pay 60% in taxes but have all of that taken care of, like in most of the rest of the developed world. I would be better off. [/quote] NY is a giant welfare state. Have you not driven through the Bronx? You’re paying for all of those people to live in generational poverty. [/quote]
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