Hacker News new | ask | show | jobs
by adventured 3007 days ago
You'd have to make an incredible salary to pay 40%.

You nearly have to make $750,000 per year in Boston to pay 40% between Federal + State + FICA.

Per a new study by the Journal of the American Medical Association comparing 11 developed nations on cost vs results, the US doesn't have poor health service. It's a lot closer to a lower-median rating among top developed nations than a grade of poor. The US scores very poorly on accessibility (10% of the population doesn't have coverage), and it scores very poorly on cost.

"One of the more notable findings in this report is that, at least in some areas, the quality of health care in the U.S. fared comparably to other countries. Long wait times for treatment, for example, are not as much of an issue for Americans as they are elsewhere. In treating heart attacks and strokes, the U.S. actually had the best record of any country. So, contrary to past findings, the quality of care may not be much worse in the U.S. than elsewhere. But the nation's was still shown to be the least accessible health care system."

https://www.cnbc.com/2018/03/22/the-real-reason-medical-care...

https://jamanetwork.com/journals/jama/article-abstract/26746...

1 comments

I wish I hired you as tax consultant!
In all seriousness though. In California at $500,000 for 2017 the combined effective tax rate is 40.64%.