Why do most wealthy nations have much higher tax rates than the United States does? They steal money from their citizens. They spend much more on their armies. They supply more government-financed services. They waste money.

Question

Conor Bender

History

16 November, 13:23

Why do most wealthy nations have much higher tax rates than the United States does? They steal money from their citizens. They spend much more on their armies. They supply more government-financed services. They waste money.

+5

Answers (1)

Know the Answer?

Marlie Wilcox · Answer 1

"They supply more government-financed services." Most wealthy countries, especially in Europe and Asia, have sweeping welfare programs (such as healthcare and food subsidies) that require high tax rates.