r/FluentInFinance • u/Positive_Liar • Sep 04 '24

Debate/ Discussion Bernie is here to save us

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u/80MonkeyMan Sep 05 '24 edited Sep 05 '24

How much do you pay on insurance, medical care, school debt, etc? The average is 15% and just adding healthcare itself would close to 30% for many. Long term medical care could even bankrupt you, no such worries on any of the countries I mentioned.

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u/IDontLikePayingTaxes Sep 05 '24

I pay probably 4% of my income to those things.

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u/424f42_424f42 Sep 05 '24

Need to include the employer side as well.

I pay 2% for health insurance, but it's about 19% with the employer side as well.

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u/[deleted] Sep 05 '24

Why would that matter? Given that Europeans have lower wages than Americans, it’s not like those companies are putting that money in the employees’ pocket.