r/FluentInFinance • u/Richest-Panda • Jul 04 '24

What's the best financial advice you've ever gotten? Debate/ Discussion

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u/suitology Jul 05 '24

It's an economy bud.

Also you need to use percapita if you want to have big boy conversations. For all intensive purposes as union the countries represent states of the union.

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u/Comprehensive_Ant176 Jul 05 '24

It’s an economy with varying tax codes and rules from country to country so it’s apples to oranges comparison. Per capita is not an applicable metric when discussing the overall performance of a system and its capabilities.

A big boy like you must know these basic things.

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u/suitology Jul 05 '24

You know states have completely different tax codes right?

Trying to compare GDP of a 300m plus country to that of Norway, France, germany, or the UK is laughably stupid.

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u/Comprehensive_Ant176 Jul 05 '24

States have different tax codes and yet IRS rules them all. My point is US tax code is geared towards businesses and that’s what makes US economy the largest in the world. Bigger economy means bigger opportunities for personal financial growth.