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by refurb 1843 days ago
What? No. Not even close if you look at tax revenue versus GDP.

https://en.m.wikipedia.org/wiki/List_of_countries_by_tax_rev...

Western Europe is over 40% while the US is at 27%. And the US figure include all public healthcare spending which is 60% of all healthcare in the US. So even adding private spending it’s still lower.

2 comments

Don't forget to add employer contributions to health insurance in the US. That adds about 10% to the US rate (in as much as one can come up with a single figure for hundreds of millions of people).

https://www.peoplespolicyproject.org/2019/04/08/us-workers-a...

I did account for it and the tax rate is still lower. Public spending is about the same as private and public is 8% of GDP, so the US goes from 27% to 35%. Still significantly lower than Western Europe.

https://www.commonwealthfund.org/international-health-policy...

I did account for it

I don't believe you. I think if you originally accounted for it, you would have known that your original value of 27% was misleading and you would have expanded on it.

If you did account for it, you wouldn't only now be saying 35%.

The alternative is to believe that you DID know, and you deliberately misled; I think that's not the case though. I don't think you're a deliberate liar; I think you've got an ego. Got one myself and sometimes I do the same thing.

You have NOW accounted for it, yes.

sure in percents. But US per capita makes more money, so the actual dollars to dollars are similar.

EU GDP per capita is 46,888 US 68,309

  68000/100*27 = 18360
  47000/100*40 = 18800

Edit i took GDP from: https://en.wikipedia.org/wiki/List_of_countries_by_GDP_%28PP... 2021 estimates

I was kind of surprised by this, when I ran the numbers.

You're using averages across all of the EU which includes both countries with a higher GDP per capita than the US and countries with lower GDP per capita.

Some of the examples I gave actually have a higher GDP per capita than the US.

Yes but most of such countries are small in population.

The biggest countries (by population): Germany, France, Italy, Spain, Poland

All have lover GDP.

The countries with higher GDP than US (according to wikipedia): Luxembourg (pop: 638,153 ), Ireland (pop: 5,006,061), Norway (not in EU, pop: 5,457,423), Switzerland (not EU, pop: 8,717,698)

I am sure if you just take the richest few states, they are also richer than average US