Quote:
Originally Posted by MPrice2984
Is that why 20% of all children in the US live under the poverty line? Those Germans are also guaranteed health care unlike the US where medical care is now a privilage.
What happens to the Germans is their business. Our leaders at the behest of the all powerful just sweep the poor and more under the carpet and pretend the problems don't exist.
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Medical facilities are very good in Germany, but they are expensive. Health insurance is compulsory, and most workers have this included in their contract. It is necessary to show evidence of your health insurance in order to obtain a residence permit.
The majority of German nationals are insured under the national health insurance programme, which is subsidized by the Government. It is
compulsory for everyone earning less than EUR3,825 per year to enrol in this scheme. Employers pay half of their employees' contributions, which amount to around 14% of monthly earnings and are tax-deductible up to a certain limit.
The rate of income tax in Germany increases progressively, ranging from 0% to 45%. The so-called solidarity surcharge (Solidaritaetszuschlag) at a rate of 5.5% of income tax has to be paid on top of this. No income tax is charged on the basic allowance (poverty level), which is EUR 7,664 for unmarried persons and EUR 15,329 for jointly assessed married couples.
The value-added tax rate VAT generally in force in Germany is 19%. A reduced tax rate of 7% applies e.g. on sales of certain foods, books and magazines.
The number of poor in Germany has been growing since 1970, when the number of those receiving social assistance reached its lowest point of 750,000. In the early 1990s, one study estimated that in 1992 there were 4.6 million recipients of various kinds of social assistance, nearly 700,000 of whom lived in the new
Lander . Households with three or more children and single parents were the most likely recipients of social assistance. The population of Germany in 2003 was estimated by the United Nations at 82,476,000. So, approximately 5.5% of the population of Germany is considered to be living in poverty.
Germany’s unemployment rate slipped to 8.8 percent in June, from 9.1 percent in May, in a sign of better times for the country’s economy, according to the New York Times. The US Department of Labor Statistics for May 2008 lists the U.S. unemployment rate at 5.5%.
Take your pick!