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Okay.......I see where this is going........
The GOPer's want us all to reduce OUR tax rate by the same percentage that Germany has lowered theirs, only we won't start at Germany's rate of 29.8 or 45 percent, we want to have it reduced from 20 and 35 percent, at the same percentage as Germany.
Got it. The greedy are getting greedier and feeling like they deserve it.
Entitlement is a bitch goddess and will kill you people. Don't do it.
How is it greed to want to keep the fruits of your own labor.
Oh??
And the super wealthy got that way through their own labor?
It is the worker who wants to recapture what has been lost in his standard of living. salaries have not kept pace with housing, healthcare, education and energy costs. While worker salaries have stagnated, the percentage of wealth maintained by the top 5% has increased annually
German Taxes
Corporate: 29.8% on average
Individual: 0-45%
Payroll: None
VAT/Sales: 19%
Compared to ours
Corporate: 20% on average
Individual: 0-35%
Payroll: 15%
VAT/Sales: None
Nice play with numbers, why did you exclude the state tax rate from your figures? Corporations pay state tax, 20% average federal is too low.
The tax rate is closer to 39%, thats much higher than germany.
I didn't include state taxes in the United States because that would skew the comparison (since both the lander and towns also levy taxes in Germany). The 20% federal average is not "too low". The corporate income tax rate in the United States is not 39%. 39% is the tax levied on corporations in the top bracket. Those in the lowest bracket pay 15%. Beyond that, the large numbers of deductions available result in the average company paying around 20%.
And it should be noted that the Merkel elections were not simply support of Merkel and her more economically moderate CDU party, but rather the significantly increased support for the much more aggressively pro-business support of the FDP - which Merkel will now have to form a coalition government with, and by way of their victories, be required to accept much of the FDP's pro-business agenda. The FDP now dominates the once-powerful liberal Social Democrat Party in Germany.
The election was a near absolute repudiation of Germany's old socialist government power structure.
It might well prove a bellwether election that will sweep across Europe. The EU has already seen a decided shift toward more right of center political parties, and with the election of Europe's #1 economy, more such shifting could very well continue...
Germany still has MUCH higher taxes than the US.
Are you proposing we should assume the German tax rate?
Germany still has MUCH higher taxes than the US.
Are you proposing we should assume the German tax rate?
How much higher?
German Taxes
Corporate: 29.8% on average
Individual: 0-45%
Payroll: None
VAT/Sales: 19%
Compared to ours
Corporate: 20% on average
Individual: 0-35%
Payroll: 15%
VAT/Sales: None
So lets get this straight.
If we assume Germany's tax rate, do we get healthcare thrown in?
How about all those vacation days?
Nice play with numbers, why did you exclude the state tax rate from your figures? Corporations pay state tax, 20% average federal is too low.
The tax rate is closer to 39%, thats much higher than germany.
I didn't include state taxes in the United States because that would skew the comparison (since both the lander and towns also levy taxes in Germany). The 20% federal average is not "too low". The corporate income tax rate in the United States is not 39%. 39% is the tax levied on corporations in the top bracket. Those in the lowest bracket pay 15%. Beyond that, the large numbers of deductions available result in the average company paying around 20%.
No your wrong, the tax rate is much higher for corporations, much higher than 20% so your statement that Germany's tax rate is "much higher" is wrong. You want to get nit picky lets include property tax, sale tax, medicare, social security (7.5% on every dollar) and lets not forget workmen comp. thats an additional 10 cent on every dollar.
So you got an excuse when you intentionally skew the figure, you make a very low average, exclude tons of tax.
The USA pays too much tax.
I didn't include state taxes in the United States because that would skew the comparison (since both the lander and towns also levy taxes in Germany). The 20% federal average is not "too low". The corporate income tax rate in the United States is not 39%. 39% is the tax levied on corporations in the top bracket. Those in the lowest bracket pay 15%. Beyond that, the large numbers of deductions available result in the average company paying around 20%.
No your wrong, the tax rate is much higher for corporations, much higher than 20% so your statement that Germany's tax rate is "much higher" is wrong. You want to get nit picky lets include property tax, sale tax, medicare, social security (7.5% on every dollar) and lets not forget workmen comp. thats an additional 10 cent on every dollar.
So you got an excuse when you intentionally skew the figure, you make a very low average, exclude tons of tax.
The USA pays too much tax.
You want to take all of it together? So be it.
http://www.doingbusiness.org/documents/Paying_Taxes_2008.pdf
That's a study of corporate taxes put together by the World Bank in conjunction with PricewaterhouseCoopers. German corporations pay 50.8 percent of commercial profits in taxes. American firms pay 46.2 percent.
How much higher?
German Taxes
Corporate: 29.8% on average
Individual: 0-45%
Payroll: None
VAT/Sales: 19%
Compared to ours
Corporate: 20% on average
Individual: 0-35%
Payroll: 15%
VAT/Sales: None
So that 12% sales tax I paid for lunch was?
Corporate taxes in America are largely hailed as the second largest in the world.
Individual 0-35% at the Fed level, but it can be up to another 10.5% at the State level (hello CA and NY)!
German Taxes
Corporate: 29.8% on average
Individual: 0-45%
Payroll: None
VAT/Sales: 19%
Compared to ours
Corporate: 20% on average
Individual: 0-35%
Payroll: 15%
VAT/Sales: None
So that 12% sales tax I paid for lunch was?
Corporate taxes in America are largely hailed as the second largest in the world.
Individual 0-35% at the Fed level, but it can be up to another 10.5% at the State level (hello CA and NY)!
If you're going to run that comparison, you'll need to add in Germany's local taxes too.
So that 12% sales tax I paid for lunch was?
Corporate taxes in America are largely hailed as the second largest in the world.
Individual 0-35% at the Fed level, but it can be up to another 10.5% at the State level (hello CA and NY)!
If you're going to run that comparison, you'll need to add in Germany's local taxes too.
Germany doesn't tax like we do! Comparing US Fed and State with German's posted numbers is an apples to apples comparison.
I didn't include state taxes in the United States because that would skew the comparison (since both the lander and towns also levy taxes in Germany). The 20% federal average is not "too low". The corporate income tax rate in the United States is not 39%. 39% is the tax levied on corporations in the top bracket. Those in the lowest bracket pay 15%. Beyond that, the large numbers of deductions available result in the average company paying around 20%.
No your wrong, the tax rate is much higher for corporations, much higher than 20% so your statement that Germany's tax rate is "much higher" is wrong. You want to get nit picky lets include property tax, sale tax, medicare, social security (7.5% on every dollar) and lets not forget workmen comp. thats an additional 10 cent on every dollar.
So you got an excuse when you intentionally skew the figure, you make a very low average, exclude tons of tax.
The USA pays too much tax.
You want to take all of it together? So be it.
http://www.doingbusiness.org/documents/Paying_Taxes_2008.pdf
That's a study of corporate taxes put together by the World Bank in conjunction with PricewaterhouseCoopers. German corporations pay 50.8 percent of commercial profits in taxes. American firms pay 46.2 percent.
No your wrong, the tax rate is much higher for corporations, much higher than 20% so your statement that Germany's tax rate is "much higher" is wrong. You want to get nit picky lets include property tax, sale tax, medicare, social security (7.5% on every dollar) and lets not forget workmen comp. thats an additional 10 cent on every dollar.
So you got an excuse when you intentionally skew the figure, you make a very low average, exclude tons of tax.
The USA pays too much tax.
You want to take all of it together? So be it.
http://www.doingbusiness.org/documents/Paying_Taxes_2008.pdf
That's a study of corporate taxes put together by the World Bank in conjunction with PricewaterhouseCoopers. German corporations pay 50.8 percent of commercial profits in taxes. American firms pay 46.2 percent.
Why should we beleive what you post here when your busy argueing that the Nazi party never formed an alliance with the Communist party in order to oust the Prussia government.
Whats the point in your arguement, that Americans are not taxed high and the Communist never did anything bad?
The fact is, so many who support higher taxes in the United States actually pay very little in taxes - at least income tax. They do not own a business, they do not provide jobs, create wealth, etc. - and as such, the idea is one in which they are perfectly comfortable with.
They are a minority - albeit a loud whiny one...
The fact is, so many who support higher taxes in the United States actually pay very little in taxes - at least income tax. They do not own a business, they do not provide jobs, create wealth, etc. - and as such, the idea is one in which they are perfectly comfortable with.
They are a minority - albeit a loud whiny one...
How could they be in the minority? The fact is that there are more less affluent people than affluent people. They ARE the majority. Saying otherwise is ludicrous. Everybody can't own a business or there would be no one to give jobs to. Businesses cannot run without employees either.
No your wrong, the tax rate is much higher for corporations, much higher than 20% so your statement that Germany's tax rate is "much higher" is wrong. You want to get nit picky lets include property tax, sale tax, medicare, social security (7.5% on every dollar) and lets not forget workmen comp. thats an additional 10 cent on every dollar.
So you got an excuse when you intentionally skew the figure, you make a very low average, exclude tons of tax.
The USA pays too much tax.
You want to take all of it together? So be it.
http://www.doingbusiness.org/documents/Paying_Taxes_2008.pdf
That's a study of corporate taxes put together by the World Bank in conjunction with PricewaterhouseCoopers. German corporations pay 50.8 percent of commercial profits in taxes. American firms pay 46.2 percent.
Why should we beleive what you post here when your busy argueing that the Nazi party never formed an alliance with the Communist party in order to oust the Prussia government.
Whats the point in your arguement, that Americans are not taxed high and the Communist never did anything bad?
German lander taxes are the equivalent of the water bill in the US which goes to city government.
