Taxes = Happiness

Name the happiest people in the world.
Name the highest taxes paid by people and corporations in the world.

Guess what? They (tend) to be the same people.

This is a simple plot (R code below) of 108 countries plotted by their “happiness quotient” in relation to their combined personal and highest corporate tax rate.

happytax

That line means that, in general, the higher the tax rate, the happier people reported to be (see cite below). This has been documented before. And a new report is due soon that will further elucidate this relationship.

The bottom line? If you take the recent US Republican tax bill that passed (Dec 2017), then what these fools have done is slid the United States BACKWARDS on that line. By reducing taxes (they say) across the board, they effectively want the Citizens of the United States to be more miserable than they are now.

Happy Holidaze!

[R Code]

lmod <- lm(happiness ~ taxrate, data = happytax)
plot(happiness ~ taxrate, data = happytax, pch = 19, 
 main = "happiness vs. taxrate", 
 xlab = "taxrate",
 ylab = "happiness")
abline(lmod)

[Cite:]
https://en.wikipedia.org/wiki/List_of_countries_by_tax_rates
https://tradingeconomics.com/country-list/personal-income-tax-rate
https://en.wikipedia.org/wiki/World_Happiness_Report


12 responses to “Taxes = Happiness

  • Anony Mole

    Wealthy enough to live without fear of homelessness, hunger or health-collapse while being allowed to pursue my modest passions. That is all the wealth I would care for.Were a donation to arrive to get me to this point, that would indeed make me happy for a long, long time.So, yes, $ can buy the possibility of happiness.
    Of course happiness is not a thing one pursues — it is an awareness one discovers when anxiety is low and self-fulfillment is high. Seeking happiness is counter productive.

    Like

  • The Pink Agendist

    The “safety” factor plays a tremendous role (emotional, social, financial.) My childhood and adolescence were split between the US, Brazil and Europe, and my adulthood mostly in Europe, so I’ve experienced different systems. Interestingly I do feel the safest in France where taxes are the highest of all the places where I’ve lived. In fact I wouldn’t dream of living anywhere else because I feel so protected here.

    Liked by 1 person

    • Anony Mole

      Great point!
      Security. Secure in your home, your job, your future. Secure in law, business, banking, trade. Secure as you travel, when you fail, when calamity strikes.
      One of government’s (society’s) primary directives is to provide as secure an environment as possible for its citizens.
      Other directives is to ensure that the playing field — the business field — is as level as possible (through regulation).
      Other than that, government should get out of the way.

      Liked by 1 person

      • The Pink Agendist

        Yes. When I was 20 years old I had a car accident in Illinois. In my state of semi-consciousness the question I got over and over was “what’s your insurance?” – this apparently affected which hospital I was taken to. Fortunately I had the “right” insurance and all went well, but I felt unsafe. And I could go down a list of experiences that made me rule countries in or out of my path.

        Liked by 1 person

  • KeithWingfold

    That is the oddest correlation I’ve seen to date, which comes after “All people that drink water die.”

    Liked by 1 person

  • theconvertblog

    I guess if we want to be happier, we need to donate a few extra thousand per person to the government. (or whatever amount will guarantee eternal happiness?)
    Who will go first with their offering in exchange for happiness?

    Liked by 1 person

  • Tom Being Tom

    Absolutely true.. In a blog I wrote last Spring sometime, I asked the question on how you measure the success of a country, and concluded that you measure it upon the happiness of its citizens. This was about the time the last “World Happiness Report” came out and the US has slipped from 12 to 13, or something similar. Most of the happiest countries were in the Nordic countries, of course, and all of them had great social safety nets (and the higher taxation that comes along with that).

    By the time DT leaves office, I’ve a feeling the US will slip out of the teens and into the low 20s on that report. Only the rich and politically entrenched will benefit from this. Of course, this is what Republicans have meant all along by “Make America Great Again.” Great for whom, we need to ask…

    Liked by 1 person

    • Anony Mole

      I’m afraid that most folks take for granted the benefits that taxes (should) pay for. And of course the government doesn’t help with the constant grift, pork and corruption.
      The anarchist in me wouldn’t mind seeing all taxes eliminated. Then we’ll see whose house burns down first; whose home is overrun by Canadian Invaders (ha!); whose food, water, medicine shows up polluted, toxic and deadly.
      “What? You’re saying cops or EMTs aren’t gonna come if I dial 911? Shee-it!”

      Liked by 1 person

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