| ▲ | ceejayoz 3 hours ago | |||||||||||||||||||||||||
> I live in Germany and I pay almost 50% of my income in income tax and social tax. I live in the US and pay less raw tax than that, for sure. But I reported $49k in medical expenses (premiums, deductible, copays, stuff they won't cover) last year on my taxes, and I've got two kids going to college in a year, which may cost $10-40k/year for each. I'd rather your trade-off. | ||||||||||||||||||||||||||
| ▲ | hparadiz 3 hours ago | parent [-] | |||||||||||||||||||||||||
You forget that the college expense is temporary while the taxes are forever. And Germany still makes you get private insurance for medical. A single year of taxes in Germany based on my current American income would pay for all of that you just said. So then my question for you is. What were you doing with your money in those other years? I hope it was saving it. Because otherwise I'm gonna eye roll hard at you wanting to increase taxes on everyone just to get a small cut in how much you pay during one fiscal year. Seems silly. | ||||||||||||||||||||||||||
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