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160 points cruzcampo | 1 comments | | HN request time: 0.204s | source
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xvokcarts ◴[] No.43651861[source]
There's very high taxation of high income individuals (60%) as well as companies, supported by a big majority of population, which is then used as propaganda by the gvmnt that high taxes benefit everyone because the government knows best what we need. My feeling is that fellow citizens actually support this idea. Those that don't agree find other ways, which is so easy in EU it almost looks like it's by design.

Such an environment is not as business friendly as it seems. Most politicians in this environment see a solution to every problem in new taxes. Hard to talk about freedom, when you're not allowed to vote on taxes.

There's a also a push for truthspeak - younger generations are no longer sure freedom of speech should be sacred, because it wasn't explained as important enough, so they themselves get ideas about what should be censored and why. Again, the gvnmt is quick to agree with them by offering a way to compile a list of truths.

Also, public healthcare in EU is only for the poor - if you can afford to pay private, you're not even thinking about going public. It just doesn't work like some people here thinks it does.

So, no, Europe is not a dreamland compared to USA, it just has a different set of problems.

replies(1): >>43652056 #
1. jusssi ◴[] No.43652056[source]
> There's very high taxation of high income individuals (60%)

55.9% *, at highest bracket. And when you get there, you usually have means to have at least some of your income as capital gains, which is uniformly taxed lower. I.e. you don't become a high income individual, you become an owner of profitable family business.

Edit: I said originally, "55.9%, marginal", but that was wrong. Corrected.

https://taxfoundation.org/data/all/eu/top-personal-income-ta...

https://taxfoundation.org/data/all/eu/capital-gains-tax-rate...

> supported by a big majority of population

That's democracy for you.