I am starting to think that the 'Capitalist' mentality that us Americans have been raised with, is actually just a way of brainwashing us into
accepting being taken advantage of at every turn as slaves.
While I still believe in Libertarian values and freedoms... This 'Capitalist' mentality just means slavery... And being denied basic rights that
every other Industrialized nation has for its citizens.
America brings in just as much money, or more. But without needing to dish out for things considered basic 'rights rights' in other developed
countries, America has more to give a select few that 'deserve' to be wealthy beyond all recognition, and funding an extremely active Military
Federal Income Tax in America is 15% for people earning between $8,351– $33,950.
Social Security tax rate at 6.20%
Sales tax is different in every state.... While states like Oregon (with no sales tax), have extremely high property taxes.
- sales tax per state.
In England, the Income Tax for £0-£37,400 is 20%.
England has a 15% - 17.5% sales tax, or VAT.
(Please forgive me if I am misunderstanding, England?)
Oil tax is excluded, because driving is optional. I do not care who says otherwise, driving is not essential to survival, like many Americans claim.
Me and most people I know get around quite well without a vehicle.
So far we have a total of 35% tax in England... for working, and buying essentials. (Of course, this is only considering the average income tax
In America, 21.2% average federal, and social security tax. Add local state tax to that, and state sales tax. Add the fact that Health care is not
included. Childcare is not included. Education/University is not included, and will leave people in debt for the rest of their lives if they dare
'follow their dreams'.
Property tax is also excluded, since it is optional to own a home... But they are EXTREMELY high, where there is no sales tax. I think the average of
sales tax runs between 5% to about 8.5%.
In America, we do NOT pay less in taxes than in England, and anywhere else that provides basic services... Like childcare, healthcare, university...
And WHO KNOWS what other benefits...
I am just saying, maybe the 'Capitalist Mentality' most Americans have, have been more of a way of having NO HELP when Emergency Room visits and
major health problems... or losing a job in this bad economy, can force us to lose our home, ability to get another job, ability to afford food,
access to clean water...
Capitalism is not the King of systems. Capitalism has allowed for the likes of Rothschild and the Rockefellers to enslave us all... Honestly, America
only rewards people who do not work, and pop out children. The rest of us can work our arses off and not afford healthcare, while paying for it for
the lazy people who do not work.
-The existence of undocumented workers, willing to work for very little, just means unfair competition... and people having a harder time finding work
in some fields. While their competition meaning the work is worth less money, anyway.
The old grannies in Canada do not have to debate themselves on whether they can afford groceries or their life-saving meds for the next month, every
month -- like the elderly in America have to.
The working class poor mothers in England do not need to debate whether they can afford to work, with childcare costing as much as they would bring in
-- Like families in America face.
I am not saying total Socialism is the answer... England and Canada have their issues too. But at least one tiny accident will not lead to their loss
of a place to sleep, access to healthcare and meds, food and who knows what else.
I have not been reading articles about Canadian families losing jobs and ending up shooting themselves and their family -- Kids and all.
Can we all agree that citizens living in a Capitalist state have been set up for failure??
Will Edit if I find mistakes, inaccuracies, or whatever...
Really, learning about different economic systems has been making me feel ashamed for all of my years of blind support for Capitalism.
EDIT: Just been adding, for my own references.
[edit on 11-5-2009 by LostNemesis]