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.

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Julissa Cummings

21 March, 01:42

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.

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Ellie Mcclure · 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.