- 23 May 2017 00:34
#14807201
Last time I checked, people need basic things like healthcare no mater who or where they are. If the government can provide it better and more fairly that capitalism (and it can) then who is stopping it?
That chart is from the mid-2000s. Income inequality has rose since then and the wealthy only have about 20% (I think) of their income taxed. Even if it was like that then how is it fair that celebrities who contribute noting valuable to society lavish in mansions while the poor struggle to even find a home or food?
Those nations (especially the US) are wealthier than the Nordics, why don't they top median income? As for the taxes, see my point about social welfare programs -- they have been undeniably successful in Europe.
Doug64 wrote:You mean when the government takes cash out of your pocket to give it back in the form of good or services that the government determines that you need?
Last time I checked, people need basic things like healthcare no mater who or where they are. If the government can provide it better and more fairly that capitalism (and it can) then who is stopping it?
Doug64 wrote:When it isn't giving you someone else's cash, instead. But you are right, it doesn't take into account how much people pay in taxes versus how much they receive in services. But it might not be as skewed as you think, the US tax burden is more heavily weighted toward the top than other nations. According to the Washington Post a few years ago, in the US the top 10% made 33% of the income and paid 45% of the taxes, compared to, say, the UK where the top 10% earned 32% of the income and paid 39% of the taxes.
That chart is from the mid-2000s. Income inequality has rose since then and the wealthy only have about 20% (I think) of their income taxed. Even if it was like that then how is it fair that celebrities who contribute noting valuable to society lavish in mansions while the poor struggle to even find a home or food?
Doug64 wrote:AFAIK, only one Communist country is under embargo. And neither explain what's happening in Venezuela.
- Cuba is still suffering from the effects of embargo and renormalizing trade will be a long uphill battle for the nation
- DPRK's humanitarian crisis is being worsened by the embargos and it is only strengthening their resolve to build nukes (plus they have everything they need, evidenced by a recent attempt to sell spare material)
- The consensus is that Venezuela is not socialist. Their economy is still driven by private forces with a tad bit of government intervention
Doug64 wrote:You probably shouldn't stop at the top five, here's the rest of the top ten:
6. United States
7. Canada
8. Australia
9. Netherlands
10. Germany
So for median income the United States beats out all but Luxembourg and the Nordic countries. And that's the US average, not by state. Note that this doesn't take into account taxes and government payouts, I'll have to see if I can figure that out when I have some time.
Those nations (especially the US) are wealthier than the Nordics, why don't they top median income? As for the taxes, see my point about social welfare programs -- they have been undeniably successful in Europe.
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