THE BIG DEBATE: American Capitalism vs. German “Socialism” – SALARIES, TAXES, & SOCIAL CONTRIBUTIONS

Growing up in the USA we are told one “truth”: capitalism and the free market will always win over socialism… but is it true? I’m here to settle the debate once and for all. Comparing American & German wages, salaries,…

THE BIG DEBATE: American Capitalism vs. German "Socialism" - SALARIES, TAXES, & SOCIAL CONTRIBUTIONS

Source

0
(0)

Growing up in the USA we are told one “truth”: capitalism and the free market will always win over socialism… but is it true? I’m here to settle the debate once and for all. Comparing American & German wages, salaries, taxes, and social contributions to find out: Who actually has greater disposable income?

Episode 90 | #germany #americaningermany #usa #germansalaries #americansalaries #socialism #capitalism #capitalismvssocialism #universalhealthcare #wages #taxes | Filmed December 30th, 2022

To Learn More about the Topics in this Video, Check out these videos:

Free College: How can Germany afford it? (And not the USA)
https://youtu.be/2Uc-ga6pYx4
THE REALITY OF UNIVERSAL HEALTHCARE IN GERMANY vs. American Private Healthcare
https://youtu.be/017c4FA2zjM
UNIVERSAL HEALTHCARE BENEFITS IN GERMANY | Does America do better or worse?
https://youtu.be/X4pmrsiwZMk

Jump to your favorite Part:
00:00 Intro
02:31 How the German Tax System Works & American Tax System Works
04:45 Inflation & the Effect on Relative Wages in Germany vs. USA
07:41 Comparing Salaries in Germany vs. Salaries in the USA
11:44 You pay HOW MUCH in INCOME TAX?!
18:14 The Cost of Tuition-Free Education in Germany
22:23 Public Healthcare vs. Private Healthcare
27:40 Unemployment Insurance in Germany vs. At-Will Employment in USA
31:29 Long-Term Care Insurance
33:56 German Pension System vs. US Social Security
36:57 OUTRAGEOUS Cost of Childcare in America
40:31 The Final Outcome & the Lamborghini Argument

Other Great Videos to Check out on this Subject:

Average Salaries & Working in Germany – How much Money are People making? by @RadicalLeisureStudios
https://www.youtube.com/watch?v=zSWirw6RZzc

What is a GOOD SALARY in Germany ? Germany Me Kitni SALARY ACHI Hai ? by @FlyingAbroad
https://www.youtube.com/watch?v=Ds9YFQlt0tQ

GEAR IN THIS VIDEO:
Camera: https://tinyurl.com/22a5wbe7
Microphone: https://tinyurl.com/rufut97v
Lens: https://tinyurl.com/z3k73bv6
Bendy Tripod Thing: https://tinyurl.com/d4w687pk
Memory Card: https://tinyurl.com/zy7j54ac
External Hard Drive: https://tinyurl.com/nmters57
External Hard Drive Backup: https://tinyurl.com/vduwnaea

Music in Episode: https://tinyurl.com/BLACKFORESTFAMILY

DISCLOSURE: The links above may contain affiliate links. This means that, at no cost to you, the Black Forest Family may earn a commission if you click through to make a purchase.

๐Ÿ“ธ Follow us on Instagram for behind the scenes content: @blackforestfam https://www.instagram.com/blackforestfam/โ€‹

โœˆ๏ธ We created our blog to help you learn more about living, studying, working, and traveling abroad! For more information about the content in this video visit โžก๏ธ https://www.blackforestfamily.com/โ€‹ โฌ…๏ธ

๐Ÿ“ง Sign up for our Black Forest Family Newsletter email here – https://www.blackforestfamily.com/follow-along/

โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”

๐Ÿ’ณ Hereโ€™s our FREE guide to the best southern Black Forest Germany Day Trips: https://www.blackforestfamily.com/the-best-southern-black-forest-germany-day-trips/

๐Ÿ›ต Our 101 TOP TRAVEL TIPS:
https://www.blackforestfamily.com/wp-content/uploads/2021/01/101-Top-Travel-Tips-from-the-Black-Forest-Family-1.pdf

โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”

SUPPORT OUR WORK: https://www.blackforestfamily.com/follow-along/

FAMILY TRAVEL GEAR: https://www.blackforestfamily.com/shop/

FACEBOOK: https://www.facebook.com/blackforestfamily/โ€‹

โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”

Originally from the Midwest of the USA, we moved to the #blackforest in 2013 and quickly embraced #expatlife. As American expats living in #Germany, things weren’t always easy, but we’ve grown to love our life in Germany. We started this #travelvlogโ€‹ to share our experiences with friends and family, and to help those who are interested in moving overseas! Whether you are interested in moving abroad, working abroad, studying abroad, raising a family abroad, or just want to #traveleurope, we’re here to give you a first person look at what lies ahead. ๐Ÿ˜Š๐ŸŽฅ๐ŸŒŽ

0 / 5. 0