this post was submitted on 21 Apr 2026
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What the hell? That is an effective tax that is higher than what I pay in one of the richest countries in Europe. Our highest tax bracket is around 50%, but only on that portion. Our effective tax is probably under 40%.
And we have actual social security and healthcare is covered.
How else are we supposed to pay oil companies and Monsanto massive subsidies to encourage them to keep participating in their wildly profitable businesses?