You are mistaken. Currently, the higher income you have here, the higher tax rate you have, where the highest tax rate on income sits at 47%, which you get hit by when your income is above 300K/year. People between 60K and 300K sits at 45%.
And then there are regional differences, someone in Andalucía don't pay the same amount of taxes as someone who lives in Catalunya for example, where the top tax rate is 50%.
Even taking into account other taxes we have, you still end up paying more in taxes the more you earn, unless you start engaging in schemes to lessen your tax burden, obviously. Although the social security is capped, so it does increase slower once you go beyond the cap, but it doesn't start regressing which your comment hinted at.
Edit: important to note that the tax rates are all marginal tax rates, maybe that was a bit unclear.
What seems to indicate I didn't like where I currently live? Not sure why I'd want to live in something similar to the USSR, that sounds all-around bad. Did I misunderstand something or are you misunderstanding what I've been writing?
> The United Nations estimated in 2023 the total economic damage to the Cuban economy to be in the "trillions of dollars" since inception [1958].
- https://en.wikipedia.org/wiki/United_States_embargo_against_...
Putting that into perspective, a trillion dollars would be about $100,000 for every man woman and child in Cuba today.
And yes, Cuban economy would have imploded even without sanctions, just like Venezuela's did.
> yes, Cuban economy would have imploded even without sanctions, just like Venezuela's did.
That would carry more weight - or any weight at all - if you addressed the argument. $100,000 per person is significant.
And using Venezuela to make your point is very silly, considering they were hit with massive sanctions as well.