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I make nearly 2x the average household. I pay only 25% income
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I make nearly 2x the average household. I pay only 25% income tax (federal and state inclusive) and easily have enough money to cover all of my expenses (including saving for retirement) and then some.

How is it even remotely possible that you can earn enough to pay the top marginal rate, yet still not be able to survive comfortably?

By the way, I live in a oppressive high-tax socialist country with socialized healthcare. Seriously, what the fuck is wrong with you, America?
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>>1010989
>I make 2x the average household

1 krona is .12 USD. you actually make 1/4 of the household US average. (for example)
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>>1010989
Because of America's oppressive anti-child labor laws, I can't put my 5yo to work. Kids are fucking deadweight, anon.
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>>1010989
1) Not many that earn in the top bracket are worried about living uncomfortably. They just want to have as much money as possible.

2) Americans have health care costs and education costs that far exceed wherever you are from.

3) Americans do in fact pay a lot of income tax. Our federal tax rate--which pays for defense, healthcare, social security--is ~35% for top earners and our state tax rate is around 10-15%. So top earning Americans do in fact pay as much taxes as anywhere else.
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Average person has 30k in student loans and 15k in consumer credit debt, a mortgage, and a financed car
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>>1011000
>tfw binary trips
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>>1011001
Your sales tax is much less though, same with sales tax on fuel, tobacco, alcohol etc.

The answer to OPs question(this is just me guessing) is that Americans on average probably consume a lot more for various reasons and thus have less money left. We should be thankful for this though, high American consumption is the engine of the world economy.
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>>1010989

The rich here (white republicans) complain like fuck.

/thread
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Our politicians play a MASSIVE shell game with taxes, the code is full of arcane loopholes and taxes outside of the direct income tax, so much so that no common person understands how the system actually works. Then the Republican Party exploits this by convincing people that if they are paying so much in taxes, just imagine how bad it must be for the really rich! And of course, all that tax money clearly goes to lazy niggers and spics who want to vote themselves welfare, that's the only explanation as to why you pay so much in and get so little out.

Of course, that's not how it actually goes. If you look beyond the federal income tax to ALL the various forms of taxation, a person with an income between around $90,000-$150,000 ends up paying the most as a percentage of their income out of any tax bracket. Tax incidence only goes down as you move up in brackets from there, while services received goes up as you move down in income. There's essentially a trench of super poor people who get enough government welfare to survive, and a trench of super rich people who can exploit the capital gains tax and taxable maximum for social security to save money. The middle class is a no-man's land of nothingness.

The best example of this is Mitt Romney's comment in 2012 that '47% of people pay no income tax' and were therefore welfare queens who were going to vote for Obama no matter what. Of those 47%, 1/3 of them were retirees. The remaining 2/3rds were people who were paying a tax rate of somewhere around 12%-16% on payroll taxes that wiped out their obligation to pay federal income tax. Romney, for comparison, paid an effective tax rate of 11% while making $40 million, he made so much money he didn't have to pay the payroll tax. My father, who was a Reagan-loving, racist blue collar old white guy, ended up voting for Obama because he's a retiree who pays no taxes and, in his own words, 'I'd rather vote for a nigger than somebody who thinks I'm a nigger'
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>>1011177
>'I'd rather vote for a nigger than somebody who thinks I'm a nigger'
holy fuck that is funny
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>>1010989
Murrikan's consumerist and entitlement attitude.
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>>1011181

id pay to watch you kill yourself if you're for real
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Another example of the ignorance and stupidity of the American public: Socialized medicine.

If you go up to the average voter and ask them why they're opposed to socialized medicine, they'll tell you, "I don't want to pay higher taxes just so the poor and sick can get free health care on my dime'. Fair enough, right?

Last year, the State and Federal governments spend a combined $1.5 trillion dollars on health care, in the form of Medicare (free health care for the sick/elderly) and Medicaid (free health care for the poor). This accounted for nearly 60% of ALL spending on healthcare in the United States, and this large influx of government money into the system causes providers to bid up costs to get at as much of it as possible, which is part of the reason why health care costs twice as much in the U.S. as it does in the rest of the developed world. The money to fund this primarily came from a 5% payroll tax and around 33% of all state taxes paid, so about 7-8% of a taxpayer's income goes to these two programs. And, unlike with socialized medicine, said taxpayers get nothing out of it and are then forced to go blow another 10% on health coverage that's way overpriced due to those programs.

The new taxes it would take to fund a single-payer health care system would be far less than what it costs for a person to get their own insurance, so people would actually be saving money, but they don't care about that because all they hear is 'new taxes' and freak the fuck out.
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>>1011205
It's just another case of the millennia old "muh feelings" argument. It's not uniquely American or even uniquely modern. Most people don't have a rational view on either economics or politics and there is literally nothing you can do about that.

Every illogical political or financial thing you've ever been bothered by is fueled the same irrational muh feelings argument.
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>>1011205
>far less
>I am healthy and pay doctors 0 annually
>far less than 0
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>>1011217
Have fun when you need unexpected surgery and are $400k+ in the hole because you don't have insurance.
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>>1010989
My income tax is 32% in the USA m8, and that's ignoring the 5% taken for the forced scam retirement plan they call "social security", which is really an interest free loan I'm forced to give / government betting on the likelihood of me dying before 60.
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>>1011186
Consumerism and entitlement is the blight of all the west. It does give the frugal man a huge head start though.
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