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by sschueller 1805 days ago
This may be true for some places but I can tell you with certainty that they are lower in Switzerland especially for lower incomes.

Your Taxes are insane high for medium wage workers and practically non-existent for the wealthy. How is anyone ever supposed to climb the ladder like that?
1 comments
pedrosorio 1805 days ago
> Your Taxes are insane high for medium wage workers

A single person earning $200k in the state of Washington pays ~$52.5k in federal income tax and social security. An effective tax rate of 26%. Is that insanely high?

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aabaker99 1805 days ago
You may want to update your idea about what is a medium wage worker:

https://www.statista.com/statistics/203183/percentage-distri...

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pedrosorio 1805 days ago
I am well aware $200k is nowhere near the median wage.

The person I replied to wrote “How is anyone ever supposed to climb the ladder like that?”. Seeing as no one is “climbing the ladder” from earning a median wage their whole life, I looked at the tax rate for an “upper middle” wage salary (which anyone can earn even if their parents had 0 wealth).

Since tax rates for a median salary are much lower than this, I am not sure how it contradicts my point.

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