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0 pointsrefurb5y ago0 comments

What? No. Not even close if you look at tax revenue versus GDP.

https://en.m.wikipedia.org/wiki/List_of_countries_by_tax_rev...

Western Europe is over 40% while the US is at 27%. And the US figure include all public healthcare spending which is 60% of all healthcare in the US. So even adding private spending it’s still lower.

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6 comments · 2 top-level

EliRivers5y ago· 2 in thread

Don't forget to add employer contributions to health insurance in the US. That adds about 10% to the US rate (in as much as one can come up with a single figure for hundreds of millions of people).

https://www.peoplespolicyproject.org/2019/04/08/us-workers-a...

refurbOP5y ago

I did account for it and the tax rate is still lower. Public spending is about the same as private and public is 8% of GDP, so the US goes from 27% to 35%. Still significantly lower than Western Europe.

https://www.commonwealthfund.org/international-health-policy...

EliRivers5y ago

I did account for it

I don't believe you. I think if you originally accounted for it, you would have known that your original value of 27% was misleading and you would have expanded on it.

If you did account for it, you wouldn't only now be saying 35%.

The alternative is to believe that you DID know, and you deliberately misled; I think that's not the case though. I don't think you're a deliberate liar; I think you've got an ego. Got one myself and sometimes I do the same thing.

You have NOW accounted for it, yes.

unionpivo5y ago· 2 in thread

sure in percents. But US per capita makes more money, so the actual dollars to dollars are similar.

EU GDP per capita is 46,888 US 68,309

  68000/100*27 = 18360
  47000/100*40 = 18800

Edit i took GDP from: https://en.wikipedia.org/wiki/List_of_countries_by_GDP_%28PP... 2021 estimates

I was kind of surprised by this, when I ran the numbers.

refurbOP5y ago

You're using averages across all of the EU which includes both countries with a higher GDP per capita than the US and countries with lower GDP per capita.

Some of the examples I gave actually have a higher GDP per capita than the US.

unionpivo5y ago

Yes but most of such countries are small in population.

The biggest countries (by population): Germany, France, Italy, Spain, Poland

All have lover GDP.

The countries with higher GDP than US (according to wikipedia): Luxembourg (pop: 638,153 ), Ireland (pop: 5,006,061), Norway (not in EU, pop: 5,457,423), Switzerland (not EU, pop: 8,717,698)

I am sure if you just take the richest few states, they are also richer than average US

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6 comments · 2 top-level

EliRivers5y ago· 2 in thread

Don't forget to add employer contributions to health insurance in the US. That adds about 10% to the US rate (in as much as one can come up with a single figure for hundreds of millions of people).

https://www.peoplespolicyproject.org/2019/04/08/us-workers-a...

refurbOP5y ago

https://www.commonwealthfund.org/international-health-policy...

EliRivers5y ago

I did account for it

I don't believe you. I think if you originally accounted for it, you would have known that your original value of 27% was misleading and you would have expanded on it.

If you did account for it, you wouldn't only now be saying 35%.

You have NOW accounted for it, yes.

unionpivo5y ago· 2 in thread

sure in percents. But US per capita makes more money, so the actual dollars to dollars are similar.

EU GDP per capita is 46,888 US 68,309

  68000/100*27 = 18360
  47000/100*40 = 18800

Edit i took GDP from: https://en.wikipedia.org/wiki/List_of_countries_by_GDP_%28PP... 2021 estimates

I was kind of surprised by this, when I ran the numbers.

refurbOP5y ago

You're using averages across all of the EU which includes both countries with a higher GDP per capita than the US and countries with lower GDP per capita.

Some of the examples I gave actually have a higher GDP per capita than the US.

unionpivo5y ago

Yes but most of such countries are small in population.

The biggest countries (by population): Germany, France, Italy, Spain, Poland

All have lover GDP.

The countries with higher GDP than US (according to wikipedia): Luxembourg (pop: 638,153 ), Ireland (pop: 5,006,061), Norway (not in EU, pop: 5,457,423), Switzerland (not EU, pop: 8,717,698)

I am sure if you just take the richest few states, they are also richer than average US

j / k navigate · click thread line to collapse