Major League Soccer starts next week. Who do you support?
I'm excited to see my Timbers play again! I went to the Cup in December, and even though we lost, it was a great time. Who do you support?
I'm excited to see my Timbers play again! I went to the Cup in December, and even though we lost, it was a great time. Who do you support?
In the US the tax rate on the bottom 78% of earners taxes was less than 7%
England has a tax rate for the same income of 11.5%
The top 6% (Avg Adjusted Gross income 514,000) paid $840 Billion of the income taxes
The Bottom 49.1% (Earning less than 45k AGI) paid $97 Billion of taxes, but 27.4 Million Households filled for $66.7 Billion in EIC tax credits
If the taxes on the bottom 78 percent were increased 6% to a level similar to England the USA could have universal health care
The US Spends 3.4 Trillion on Healthcare.
Just 5% of Americans Account for 50% of U.S. Health Care Spending. So taking away the top 5% means the US spends about 5,500 per person. More than UK, but with a long term approach we can tackle that.
Saying no to covering all issues. See above. Total cost down to 1.8T
Accepting a tax increase
If the US had higher taxes for gas we could have a better Infastructure. Using rough math we in 2017 underfunded the highway dept about $21.5 billion
$5.5 Billion annual funding for projects, plus using funding not going to covering the underfunded highway dept means who doesn't want to announce a 10 year $250 Billion Green Deal Project. Get States to match it 40/60 and its a $600 Billion Project
$96 a person more and With this Major Cities can tackle major projects and Rural cities can apply for the Metro Funding. $1.5 Billion each state gets on average can be applied however but that's encouraging moving to a Green plan.
The U.S. combined gas tax rate (State + Federal) is According to data from the OECD, is the second lowest (Mexico is the only country without a gas tax).
The average gas tax rate among the 34 advanced economies is $2.62 per gallon. In fact, the U.S.’s gas tax a rate less than half of that of the next highest country, Canada, which has a rate of $1.25 per gallon.
We want to have the European advanced economy of our peers but we arent wanting to pay for it