Americans' tax burden is lightest in developed world

Quote from loufah:

Now you're just trolling. The dollar gets devalued year over year due to inflation, and day by day due to the Fed's current (and long standing) policy. Unless you're going on a European vacation or are a big importer of foreign-made goods, the plummeting dollar is good for you. If you sell products overseas, it means more dollars for you. If you own commercial property in the US, it means more foreigners will buy it or rent it or vacation in it. If you're a typical citizen, it means your stock market investments automatically go up. It's true that imports are more expensive, but as long they're cheap enough (and for even companies dependent on imports such as Wal-Mart, they are), that's fine.
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You sound like Nixon:

http://www.youtube.com/watch?v=iRzr1QU6K1o

A weak currency never ends well for a country. You don't gain prosperity by weakening your currency. Sorry to say, but people who claim that a weak dollar is good for the US do not know what they are talking about.
 
Americans aren't tax heavily.

For example, in the netherlands we have 180% tax on gasoline. A litre is only 30 cents, 10 cents is transport and distribution, and 1 euro is taxes.

We also have 20% sales tax, 30 to 50% income taxes.

I don't understand state taxes. That just sounds like very inefficiënt taxing system. You should fues most states, especially on the east coast. Stop learning 50 state names, which is useless to make money. For example South Dakota and North Dakota should be fused into Dakota.

We don't have capital gains taxes though :D just wealth taxes of 1,5% a year


Americans just don't realize that they drive to much. If towns were more concentrated and people were less willing to live in suburbs with green lush gardens and wasteful swimming pools which are 100 miles from the nearest shopping center than alot of money wouldbe saved.

They use the most oil per capita in the world.


I do agree Americans pay too much for private health care. 20% of income, are you crazy?

At least here you pay like 3% of your income for health, and rest is paid for by paying more taxes to government.


then there's this stupid thing called a road trip:cool: :cool: :D :D and idolized in movies.

It's so much fun to drive 2000 miles for no other reason than go to the beach. How stupid :D then they complain gasoline costs so much. LOL. did you just realize you drove 2000 miles??
 
Quote from loufah:

Now you're just trolling. The dollar gets devalued year over year due to inflation, and day by day due to the Fed's current (and long standing) policy. Unless you're going on a European vacation or are a big importer of foreign-made goods, the plummeting dollar is good for you. If you sell products overseas, it means more dollars for you. If you own commercial property in the US, it means more foreigners will buy it or rent it or vacation in it. If you're a typical citizen, it means your stock market investments automatically go up. It's true that imports are more expensive, but as long they're cheap enough (and for even companies dependent on imports such as Wal-Mart, they are), that's fine.
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What planet do you live on?

I've never had any economics courses and I see the glaring errors you are making.

Don't get me wrong there is nothing inherently wrong with higher education.
But OVEREDUCATED idiots are still just idiots.
 
Quote from failed_trad3r:

Americans aren't tax heavily.

For example, in the netherlands we have 180% tax on gasoline. A litre is only 30 cents, 10 cents is transport and distribution, and 1 euro is taxes.

We also have 20% sales tax, 30 to 50% income taxes.

I don't understand state taxes. That just sounds like very inefficiënt taxing system. You should fues most states, especially on the east coast. Stop learning 50 state names, which is useless to make money. For example South Dakota and North Dakota should be fused into Dakota.

We don't have capital gains taxes though :D just wealth taxes of 1,5% a year


Americans just don't realize that they drive to much. If towns were more concentrated and people were less willing to live in suburbs with green lush gardens and wasteful swimming pools which are 100 miles from the nearest shopping center than alot of money wouldbe saved.

They use the most oil per capita in the world.


I do agree Americans pay too much for private health care. 20% of income, are you crazy?

At least here you pay like 3% of your income for health, and rest is paid for by paying more taxes to government.


then there's this stupid thing called a road trip:cool: :cool: :D :D and idolized in movies.

It's so much fun to drive 2000 miles for no other reason than go to the beach. How stupid :D then they complain gasoline costs so much. LOL. did you just realize you drove 2000 miles??
More...


This post is exactly the reason why I hope the US never goes down the path of europe.
 
Quote from Mom0/pH0x:

guess you geniuses didn't realize that we already have a 100% +tax on gas depending on the state.
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Good for you, please keep this and the rest of your socialist ideals in europe.
 
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