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, 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

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