It isn't that there isn't huge differences in earnings in the more equal countries. It's that it isn't allowed to get out of control through progressive tax rates and who is the main bearer of taxes. Here are different arguments. The menu of solutions offered:
I agree that USAs tax code is a Rube Goldberg machine and is in grave need of either a rewrite from scratch, or a massive overhaul. Sadly, the republicans are selling it as "Tax Reform" to the ignorant, when in fact it is window dressing to give tax cuts for corporations and the top 5%. People that can't even spend what they have now if they lived ten lifetimes. Get ready for even more extreme levels of inequality. What the endgame here is I don't know, but I think the Kraken will be unleashed soon [Trump is just a bench-warmer compared to the real Kraken]. Estimate? 2028.
The Estate Tax stands at 20%, and these people want to lower it further. Ask a simple question. Note how the guy dodges the question continuously, pretending he doesn't understand by answering a different question, repeatedly. All he has to do is survive the limited time by obfuscating it up with pure and utter shit. In spite of all that, this guy Mulvaney folds like a lawn chair.
The estate tax should be eliminated altogether. The government has "taxed the shit out of us" all through our lives. And if we manage to have some left over, one final tax... on assets previously taxed... the estate tax. BULLSHIT!!
Most Americans live paycheck to paycheck Nearly 10 percent of those making $100,000 or more say they can't make ends meet. Overall, most workers said they are in debt and many believe they always will be. Jessica Dickler |@jdickler https://www.cnbc.com/2017/08/24/most-americans-live-paycheck-to-paycheck.html
Ok, let me rephrase it to ease the snowflake. Why don't you look into what the estate tax law actually is, then come back and how the law it is affecting YOU. What a cuck.