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this post was submitted on 20 Aug 2024
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As someone who lives in Europe, I already pay this much on income taxes. Is this considered high?
Edit: actually like 30-33%
30-35% is about what Americans pay too in personal income taxes, but this is talking about taxes paid by businesses, which are unsustainably low in the states right now.
I blame Reagan. It's been historically really low ever since and every time it's tried to be raised Republicans scream that they're are coming for your money. Even if they are only trying to raise it for ppl making over 2 million or whatever.
I live in Canada and that’s what we pay too.