• Paper_Phrog@lemmy.world
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    6 hours ago

    What the hell? That is an effective tax that is higher than what I pay in one of the richest countries in Europe. Our highest tax bracket is around 50%, but only on that portion. Our effective tax is probably under 40%.

    And we have actual social security and healthcare is covered.

    • chiliedogg@lemmy.world
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      4 hours ago

      How else are we supposed to pay oil companies and Monsanto massive subsidies to encourage them to keep participating in their wildly profitable businesses?