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While taxes in Europe are a bit higher, here is what you get in return: 1. Paid-for healthcare. In the US, I pay close to $2K/month premium for a high-deductib
by jazzyk 9y ago
While taxes in Europe are a bit higher, here is what you get in return:
1. Paid-for healthcare. In the US, I pay close to $2K/month premium for a high-deductible health insurance plan.
2. Subsidized child-care (kindergarten, etc.)
3. Paid-for higher education. That in itself is worth at least $250K/child.
4. Great public transport, which eliminates the need to have more than 1 car (as opposed to 3-4 per household in the US)
5. Decent infrastructure in general (airports, train stations, etc). The US looks like a third-world country.
Also, please keep in mind that while income taxes in the US are a bit lower, they are still significant:
- State tax (usually 5-7%)
- Real-estate taxes. It is not uncommon to pay $1000/month for a very average house in a Boston suburb with good schools.
- "Invisible" taxes, such as excise taxes (cars, oats, etc), alcohol, tobacco, gasoline taxes.
- zyzyis 9y agonot true in NL, which country are you referring to?