Is it true that Americans are to this day afraid of socialism?

[Torillian]

EnricoPallazzo said:

Ka-pi96 said:

Only for people who earn over 40k a year. And the first 10k is tax free too so even if you were earning 40k you'd only be paying 30% tax (40% of 30k).

Sorry I thought we were only talking about gross rates. Net rates will change a lot from person to person. Still its pretty brutal.

Gross rates are just kind of worthless because no one pays them. My gross rate would be 22% federal and 4% state for 26% based solely on gross income but my effective tax rate is actually 20%. Given that most tax systems are progressive there really isn't a point in discussing how crazy high the number no one will pay is. 

Also, I currently pay about 5% of my income on health insurance so raising my taxes by 3-5% and getting me out of paying health insurance or greatly decreasing those payments would be a net benefit to me while also helping people outside myself.