this post was submitted on 04 Aug 2023
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Having lived and worked in both the UK and US, yes I pay roughly 4% less "tax" in the US.
but, as I didn't have to pay for Healthcare, and my student loans payments were a percentage of my earnings โ vs the amount I've had to pay for Healthcare, copay, scripts, etc here. If we actually compare like for like and assume that Healthcare payments are only not called a tax out of a semantic convention for political reasons despite being practically a tax by nearly any definition - I've pay way more in """"tax"""" in the US.
Assuming the average person earns roughly $65k, would you pay an extra $200 for 100% fully covered, fully comprehensive, $0 co-pay, you walk in (to your nearest hospital, no need to check if they're in network) get an x-ray, a blood test, your appendix removed, stay over night, go back the next day for kidney dialysis or chemotherapy and pay nothing more than that monthly extra $200/rate in perpetuity? Especially as the average cost is $456 (+ co pay) for Healthcare and that usually isn't a "good" let alone the "best" package.