This may be old news to you (it’s via Dylan Matthews on July 18, writing on Ezra Klein’s blog at WaPo), but I’ve been traveling and Doing Actual Things with Real People In Real Life, and am just getting caught up on the extensive backlog of missives to the Palace. So apologies if you’ve seen this, but I just have to shout to the rooftops that WE ARE NUMBER SEVENTEEN!!! USA!!! USA!!!
A few observations.
Italians and Spaniards, whose countries have been experiencing economic devastation on a much greater scale than the U.S., are wealthier than Americans. And they have universal healthcare.
The citizens of Israel, to which the U.S. taxpayer bestows much largess, are wealthier than Americans. Israelis also enjoy universal healthcare.
Australians are kicking everyone’s asses in the median wealth department, whilst enjoying universal healthcare. Incidentally, voting in Australia is compulsory, and the Prime Minister, Julia Eileen Gillard, is an open atheist…and a woman. (Me likee.)
Apropos of absolutely nothing, the top marginal income tax rates in these countries were (2009 data):
- Australia: 45%
- Israel: 46%
- Italy: 43%
- Spain: 43%
- United States: 35%