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Non-Tech : Who Really Pays Taxes?
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To: c.horn who started this subject8/15/2000 8:48:05 AM
From: exdaytrader76   of 666
 
Compare us to other countries:

A friend of mine from Sweden - notoriously high tax rates - told me that his wife once opened a hair salon, but could not make money because she had to pay 50% of her income in taxes. Here, if she opened a business, she pays roughly 13% SS/self-employment, 28% FICA, plus property taxes and all kinds of ridiculous insurance - not much of a difference. However, in Sweden, all health care and college is free. So we in the U.S. are paying just about as much as they pay, but getting SO much less in return.
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