Loading ...As you post 3% regular rate from 45-65. Remember that is “taxable income” things like property taxes, loan interest – including credit card – up until the 90’s, were deductible. Most people paid 3% – certainly the type of people you talk about.
The socialist countries like Europe pay ridiculous amounts of taxes, and on top of that pay a VAT taxes, I don’t know how good their healthcare is, probably varies. They do support their corporations as you say, Airbus comes to mind.
I agree with you about making our own stuff, why Trump put large tariff’s in place, but also farming, enough with these corporate farms that buy land and produce nothing. The big tech companies are essentially favored cronies of the Gov’t. as do multi-nationals. We need small businesses and competition. Tariff’s help with that. Oil of course, but the real killer is regulation and the gov’t. entities that do the regulating. They are worthless cogs in the wheel. Gov’t. is worthless and bloated and corrupt.
Gov’t. has no competition and everything they touch goes to crap. We need competition, fair competition.