Quote (TritonV8 @ Aug 28 2020 12:05am)
Complete screw up on my part. Thread jumping got my thoughts mixed up. I meant to say the average tax rates in Sweden are ~40-45%.
There's nothing wrong with high taxes if you get your money's worth.
The average household in the United States spends just shy of $1200 a month on health insurance. The average income is just shy of $62,000. The average tax rate is 24%.
So 1200 * 12 / 6200 = 23%
If we raised everybody's taxes by 10% but took away an insurance premium that costs 23% of their income that would be great. (This isn't too far away from what would really happen FYI. Even far-right libertarian groups admit we would save hundreds of billions of dollars a year with nationalized healthcare).
In Sweden they basically have this situation, where they pay higher taxes but get services in return that greatly outweigh the cost. And why wouldn't it? Buying in bulk is always cheaper, government services are just the ultimate in bulk-buying.
inb4 "but government is inefficient" and I point out that private insurance is 100% market inefficiency, and I point out that government services are actually pretty great until somebody intentionally sabotages them for political reasons, i.e. the current post office.
This post was edited by Thor123422 on Aug 27 2020 11:14pm