When a Good American Friend Visits

  • conservativej...

    Posts: 2465

    Sep 24, 2014 10:06 PM GMT
    I had a conversation with a good friend visiting from America a few hours ago in regards to my tax burden -- actually my lack of a tax burden -- here in my beautiful mountain home. He was nosy and wanted to know what my total tax burden was including property taxes. Property tax is easy: 0.5% of estimated market value. Total cantonal and federal tax rate, as set by the canton, was 18%. His question was "what are we Americans doing wrong?"

    Oddly my reply was "I don't think you are doing anything wrong, it's just that Americans love taxes." "Americans believe in wealth transfer via the tax system." In a democracy you are free to do just that.

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    Sep 25, 2014 1:31 AM GMT
    Where do you live?
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    Sep 25, 2014 2:12 AM GMT
    GloriousCockster saidWhere do you live?

    Cantons are in Switzerland.
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    Sep 25, 2014 1:00 PM GMT
    Revenuers get their $$$ one way or another. The Swiss are not exempt.

    http://en.wikipedia.org/wiki/Taxation_in_Switzerland

    And let's not forget that a decent chalet will run you close to a million +
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    Sep 29, 2014 5:26 PM GMT
    americans are bad at math; think they get something for free but taxes are high here too.
  • tazzari

    Posts: 2937

    Sep 29, 2014 5:38 PM GMT
    If Swizterland would just invade a few countries, I'm sure you could run the taxes up!

    But seriously,is that the total tax burden? I've always found Switzerland expensive -are there "hidden" VAT costs?

    I suppose efficiency and a small country must play a role as well, moreover there is the relative scale of living; without being unaware of poverty, Americans seem to "need" so much stuff.

    Always loved Switzerland, though. We used to keep some Subarus at the Moewenpick at Zurich Airport, and I used to flee to Davos for a week or so between jobs: gret out-the-door skiing.