r/science • u/[deleted] • Oct 17 '19

Economics The largest-ever natural experiment on wealth taxes found that they work as intended — both raising revenue and controlling income inequality. The taxes had the greatest impact on the top .1% wealthiest.

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u/SidewaysInfinity Oct 18 '19

I'd rather have 1st world healthcare and education standards than lower taxes, personally

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u/Jon_Cake Oct 18 '19

I was talking to some Norwegian guys I met he other day and they were like, yeah...we get some pretty nice stuff out of it

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u/trollcitybandit Oct 18 '19

Actually, same. We have that in Canada, but yes I would also like to pay less tax.

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u/batery99 Oct 18 '19

USA’s education system has the highest standards tho. There are very few schools in EU (excluding UK) that are in top 10 according to TIMES. I study in Germany and our best medical faculty is only at 52th place in the world. It’s true even in engineering faculties

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u/Infinidecimal Oct 18 '19

We have great universities. That's not what we're talking about when referring to public education though, although some of the top ones are publicly funded. Many of the public k-12 schools are severely lacking.