Monday 15 April 2019

US Workers Are Paying High Taxes. But Without Any of the Benefits.

US Workers Are Paying High Taxes. But Without Any of the Benefits.

Comparing labor tax rates across countries is a tricky endeavor. Some countries rely mostly on income and payroll taxes charged to workers, others on payroll taxes charged to employers, and still others on compelling workers and employers to pay private parties who provide pension and health insurance products. To get an apples-to-apples comparison, you have to normalize all of these various schemes into a single labor tax concept that actually reflects just how much labor compensation is being put towards compulsory payments of one sort or another.
Read more: https://jacobinmag.com/2019/04/labor-tax-rates-united-states-health-insurance?source=Snapzu

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