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That is a god article and it demonstrates how the left can support almost every tenant of socialism but as long as they say they are not for Gov't ownership of the means of production they aren't really socialist. On the other hand of course I can oppose 8 of 10 things Trump says or does but because I support 2 I am a traitor to my country and a full fledged Trumper.....very odd.
However back to your link and post.
Denmark has the highest tax rate in the world. If you earn the US equivalent of $43,000 your tax rate is 45%. Earn 67000 you pay 50%.
https://www.usnews.com/news/best-countr ... s-of-taxesCorporate tax rate in Denmark stands at 22%
Few people in Denmark own cars thanks to the 180% tax rate on cars. That figure was from 2011 so it might have changed.
Sales tax in Denmark is 25% They also spend only about 1.4% of GDP on defense.
As of 2016 Denmark's GDP stood at about 307 billion US. Showing that comparing Denmark to the USA because both happen to be countries is as relevant as comparing NY City to Elizabeth W Va because both happen to be classified as cities.
So let's review on how great Denmark is compared to the USA
Denmark tax rate 45% to over 50% on just 67k US
Denmark car tax 180%, meaning the $17,094 out the door KIA I just bought would be $30,769
Denmark Sales tax 25%
Denmark 1.4% of GDP on defense, about 4 billion American
Denmark GDP 307 Billion less than 100 billion more than the state of South Carolina
Now tell me again how much better they do it in Denmark. I almost forgot to include a gallon of gas in Denmark runs about $7.50 a gallon US
Yep if we only did things here in the UassA as you call it [ but you don't hate America] things would be so much better.
If you're going to make a comparison then you need to provide the data for the U.S.. Using information from U.S. News and World Report, here are the profiles of Denmark and the U.S. from U.S. News & World Report.
Quote:
Denmark: Through progressive taxation, Denmark employs a universal health care system in which citizens receive mostly free medical care. Higher education is also free. Unsurprisingly, Denmark’s highly progressive government and societal structure creates incredible social mobility.
Denmark has several leading industries including food processing, tourism and the production of iron, steel and machinery. Its main exports are processed foods, agricultural and industrial machinery, pharmaceuticals and furniture.
Denmark’s economy is based on the flexicurity model, which combines a flexible labor market with a policy for the unemployed. This flexicurity model allows for businesses to establish inexpensively and quickly, as there is scarce government oversight regarding matters such as terminations or work hours. The Danish corporate tax rate is 24.5 percent, but its income tax rate is among the highest in the world.
usnews.comQuote:
U.S.: The U.S. is culturally and racially diverse, and was shaped by large waves of immigration from Europe and beyond. American literature, art and music reflect the rich heritage of the county’s people. The U.S. is the birthplace of jazz, and Louis Armstrong, an African American, is one of the country’s most recognized and admired musicians. Prize-winning Jewish writers Saul Bellow and Philip Roth are some of the best known literary figures in the U.S. The media industry in the U.S. has a global audience, with its television shows, music videos and films distributed worldwide.
The country is home to some of the top universities in the world, including Harvard University and the Massachusetts Institute of Technology.
Despite being the foremost global power, the U.S. still faces domestic challenges, including racial tensions, income inequality and an increasingly polarized electorate. All of these fissures have been on display during Trump's presidency, as even his own party has been divided on some of the nation's most important legislation. While national security is a concern, so too, is the debt incurred from wars and expenditures on an aging population. The U.S. leads the developed world in deaths due to firearms.
usnewsU.S.There's more to comparing countries than just economic data. There's quality of life which Denmark ranks #2 while the U.S. ranks #17. Pay particular attention to the last line in the U.S. profile.
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