(03-23-2023, 08:57 PM)EricC85 Wrote: France has a progressive income tax rate like ours maxing out at 45%. They also have a VAT tax of 20%, combine the two and that's a 65% tax rate at the top. Even with the rich paying almost 2/3rds of income to the state, they still can not fund their social programs.
Does this make anyone rethink the non sense that is endless state funded social programs? Is it not better to realize that all money confiscated through taxation is inefficient at best. Surely no one can argue that France just simply doesn't tax enough.
Reason with me my liberal friends, how does this not persuade one that taxation for utopia is a pipe dream?
Unfortunately, the demand for entitlements acts more like an addiction than an ideology. History shows that you can always get a large majority of the population to ride the dopamine high all the way to national squalor.
(03-23-2023, 09:19 PM)mikesez Wrote: (03-23-2023, 08:57 PM)EricC85 Wrote: France has a progressive income tax rate like ours maxing out at 45%. They also have a VAT tax of 20%, combine the two and that's a 65% tax rate at the top. Even with the rich paying almost 2/3rds of income to the state, they still can not fund their social programs.
Does this make anyone rethink the non sense that is endless state funded social programs? Is it not better to realize that all money confiscated through taxation is inefficient at best. Surely no one can argue that France just simply doesn't tax enough.
Reason with me my liberal friends, how does this not persuade one that taxation for utopia is a pipe dream?
American progressives don't really want to lower our retirement age to 62 like France. They're OK with 67. Those 5 years make a big difference in the sustainability of the structure.
American progressives would like to imitate French housing and transit and health care policy maybe but not the retirement age.
Get out.... just take your stuff and GET OUT.
(03-24-2023, 09:24 AM)Caldrac Wrote: Taxation is theft. It's astounding that we continue to allow the same, cyclical nonsense to occur here in the states. They raise the ceiling while deepening the floor while also doing what they please with the taxes they take. We get no say in it.
Then, they lose trillions of dollars here and there and it's swept under the [BLEEP] rug while telling us that we'll have to work well into our 60's and you'll be lucky if there's any crumbs left to survive off of for retirement. There should be protests in the streets daily over this.
From who? What 50% of the population are net benefactors. Refund checks is the equivalent of adult Christmas. We don't even have meaningful debates about fiscal policy or taxation in the public arena.
Even Trump was weighed down with this "I'm not really cutting taxes" nonsense.
