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As the debate rages for and against universal healthcare and free college tuition, the opposition quickly points out that all other developed nations who provide both often have over 50% realized taxes to cover the government's costs. The United States, conversely, has a much lower tax rate. Or do we? Join me as we explore the piecemealed US tax code and discover if we are actually saving money or if we are just frogs in slowly heating water.
By Jon MessengerAs the debate rages for and against universal healthcare and free college tuition, the opposition quickly points out that all other developed nations who provide both often have over 50% realized taxes to cover the government's costs. The United States, conversely, has a much lower tax rate. Or do we? Join me as we explore the piecemealed US tax code and discover if we are actually saving money or if we are just frogs in slowly heating water.