Harriser Posted May 1, 2022 Share Posted May 1, 2022 2 minutes ago, frenchyisback said: I wonder why the US is so much more productive than the UK. Maybe because we encourage people to work rather than stay on benefits No, its because you have many of the world's largest companies and more rich people than any other country. It has little to nothing to do with the actual quality of life of poor and middle class citizens, a measure on which America is obviously and clearly worse off than many other Western nations. Link to comment Share on other sites More sharing options...
byzantium Posted May 1, 2022 Share Posted May 1, 2022 56 minutes ago, frenchyisback said: I thought Government subsidies are for healthcare on the exchange. I have employer-based healthcare so I don't get subsidies. I wouldn't care either way. I had a platinum plan before Obamacare and I'll have one after Obamacare. I work hard so I don't have to worry about what the government decides to do. Girl, you need to look into IRC 106, the employer-sponsored insurance exclusion. it is about a $300 billion subsidy every year to people like you. Link to comment Share on other sites More sharing options...
frenchyisback Posted May 1, 2022 Share Posted May 1, 2022 (edited) 1 hour ago, Harrier said: It has little to nothing to do with the actual quality of life of poor and middle class citizens, a measure on which America is obviously and clearly worse off than many other Western nations. The poverty yall are talking about is relative poverty where someone who makes $100,000 is considered poor if the median income in his community is $200,000 In 2011, the official poverty line in the U.S. was $23,021 for a family of four. Most of Europe's middle class would qualify as poor by US standard. My brother lives in France and I am just so shocked by how low is salary is. He's tryna move to the US this summer where the same education Masters in Finance will quadruple his income from $30,000 to $125,000+. Quote Median equivalent adult income The following table represents data from OECD's "median disposable income per person" metric, which includes all forms of income as well as taxes and transfers in kind from governments for benefits such as healthcare and education and is equivalised by dividing by the square root of household size. This metric, in addition to using a median rather than a mean, uses "data calculated according to the new OECD terms of reference"; compared to previous terms of reference, these "include a more detailed breakdown of current transfers received and paid by households as well as a revised definition of household income, including the value of goods produced for own consumption as an element of self-employed income."[1] As OECD displays median disposable incomes in each country's respective currency, the values were converted here using the World Bank's PPP conversion factors, accounting for each country's cost of living in the year that the disposable median income was recorded.[2] Unless noted otherwise, all data refers to 2019. Data are in United States dollars at current prices and current purchasing power parity for private consumption for the reference year. Rank Country Median income (US$, PPP)[3] Year 1 Luxembourg 43,768 2019 2 United States 42,800 2019 3 Norway 40,649 2019 4 Switzerland 38,475 2018 5 Canada 36,656 2019 6 Austria 35,055 2019 7 Iceland 34,316 2017 8 Belgium 33,575 2019 9 Australia 33,391 2018 10 Netherlands 32,867 2019 11 Denmark 32,510 2018 12 Sweden 31,876 2019 13 Germany 31,341 2018 14 Finland 29,080 2018 15 Ireland 28,901 2018 16 France 28,571 2019 17 South Korea 28,145 2018 18 Slovenia 25,937 2019 19 United Kingdom 25,738 2019 20 Spain 25,542 2019 21 Italy 25,319 2018 22 New Zealand 25,193 2014 https://en.wikipedia.org/wiki/Median_income Europeans have been immigrating here for decades, not the other way around. There's a reason why. People are voting with their feet despite ATRL leftist propaganda Edited May 1, 2022 by frenchyisback Link to comment Share on other sites More sharing options...
Communion Posted May 1, 2022 Share Posted May 1, 2022 13 minutes ago, frenchyisback said: Straight up delusion! The poverty yall are talking about is relative poverty where someone who makes $100,000 is considered poor if the median income in his community is $200,000 In 2011, the official poverty line in the U.S. was $23,021 for a family of four. Most of Europe's middle class would qualify as poor by US standard. My brother lives in France and I am just so shocked by how low is salary is. He's tryna move to the US this summer where the same education Masters in Finance will quadruple his income from $30,000 to $125,000+. Median equivalent adult income The following table represents data from OECD's "median disposable income per person" metric, which includes all forms of income as well as taxes and transfers in kind from governments for benefits such as healthcare and education and is equivalised by dividing by the square root of household size. This metric, in addition to using a median rather than a mean, uses "data calculated according to the new OECD terms of reference"; compared to previous terms of reference, these "include a more detailed breakdown of current transfers received and paid by households as well as a revised definition of household income, including the value of goods produced for own consumption as an element of self-employed income."[1] As OECD displays median disposable incomes in each country's respective currency, the values were converted here using the World Bank's PPP conversion factors, accounting for each country's cost of living in the year that the disposable median income was recorded.[2] Unless noted otherwise, all data refers to 2019. Data are in United States dollars at current prices and current purchasing power parity for private consumption for the reference year. Rank Country Median income (US$, PPP)[3] Year 1 Luxembourg 43,768 2019 2 United States 42,800 2019 3 Norway 40,649 2019 4 Switzerland 38,475 2018 5 Canada 36,656 2019 6 Austria 35,055 2019 7 Iceland 34,316 2017 8 Belgium 33,575 2019 9 Australia 33,391 2018 10 Netherlands 32,867 2019 11 Denmark 32,510 2018 12 Sweden 31,876 2019 13 Germany 31,341 2018 14 Finland 29,080 2018 15 Ireland 28,901 2018 16 France 28,571 2019 17 South Korea 28,145 2018 18 Slovenia 25,937 2019 19 United Kingdom 25,738 2019 20 Spain 25,542 2019 21 Italy 25,319 2018 22 New Zealand 25,193 2014 https://en.wikipedia.org/wiki/Median_income Europeans have been immigrating here for decades, not the other way around. There's a reason why. People are voting with their feet. All these words and typos and yet no actual defense for why poorer countries deliver better and fuller healthcare coverage than America. Link to comment Share on other sites More sharing options...
frenchyisback Posted May 1, 2022 Share Posted May 1, 2022 (edited) 1 hour ago, byzantium said: Girl, you need to look into IRC 106, the employer-sponsored insurance exclusion. it is about a $300 billion subsidy every year to people like you. Take it back! I'm probably getting screwed anyway since I am in the highest tax bracket. I agree. The money could be put to better use.... I have already paid $13,000 in taxes (2/3 to the feds) so far this year. Gimme my tax money back Uncle Sam Edited May 1, 2022 by frenchyisback Link to comment Share on other sites More sharing options...
byzantium Posted May 1, 2022 Share Posted May 1, 2022 39 minutes ago, frenchyisback said: Take it back! I'm probably getting screwed anyway since I am in the highest tax bracket. I agree. The money could be put to better use.... I have already paid $13,000 in taxes (2/3 to the feds) so far this year. Gimme my tax money back Uncle Sam No, you are actually getting a greater subsidy because of your tax bracket. You have paid ONLY $13,000 in taxes this year? And you are complaining? Sounds like you are already getting plenty of tax benefits. The rich always enjoy government handouts yet complain when the poor ask for the same. Link to comment Share on other sites More sharing options...
frenchyisback Posted May 1, 2022 Share Posted May 1, 2022 (edited) 35 minutes ago, byzantium said: No, you are actually getting a greater subsidy because of your tax bracket. You have paid ONLY $13,000 in taxes this year? And you are complaining? Sounds like you are already getting plenty of tax benefits. The rich always enjoy government handouts yet complain when the poor ask for the same. I said SO FAR this year. We’re not even half way thru yet. I’ll probably end up paying over $30,000 in income taxes. I am not talking about the 2021 tax return. Reading is essential! Edited May 1, 2022 by frenchyisback Link to comment Share on other sites More sharing options...
Protocol Posted May 3, 2022 Share Posted May 3, 2022 I live in Canada where the waitlists can be long. I have occasionally gone to America to do certain things. What's great is that all those expenses are tax deductible. The most I spent was $10k one year, and between that and a few other things I didn't pay income tax the next year so I got the money back. Link to comment Share on other sites More sharing options...
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