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by ctlby 3865 days ago
> Which means you have to accept nominal tax rates of 48%+.

Nonsense. I won't speak for Germany, but our government spends about $500 billion annually on things that can plausibly be called public goods (I exclude defense). This is a mere 4% of total US personal income.

1 comments

Well, we spend lots of money on bullshit, too.

We spent 200 billion saving the greek economy.

We build the Berlin Airport BER, the S21 train station, and the Elbphilharmonie.

All projects that waste money.

But the public services we get are still worth the tax. I wouldn’t want to pay less tax and lose our libraries, or free university access, or quality education. I wouldn’t give up just for a bit more money the public transit, which cuts down my commute times, or the services financed by the government.

Yes, the government invests broadly to get money back – from companies like T-Mobile and DHL to VW, all of which end up paying dividends to the federal budget, because the government owns a lot of shares in them – but we still need taxes.

And I’m okay with that.

The life here isn’t perfect, but it’s okay. One can live with it, without ever worrying about stuff.