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In Norway you get everything for free, education, healthcare, retirement, etc. I'm sure that's part of the difference
by vasilipupkin 9y ago
In Norway you get everything for free, education, healthcare, retirement, etc.
I'm sure that's part of the difference
- marvin 9y agoThat isn't it; all the things you mentioned are paid through very heavy taxation, and all numbers we've been discussing are gross salary. You could probably attribute a 14% difference through the "employer tax" which the US doesn't have (which is taken out of your paycheck before the gross salary number is cited), and arguably another 4% due to mandatory retirement savings. But it doesn't make up for it when the difference is 50%-75%.
- vasilipupkin 9y agoYeah, but when you retire in Norway, you will be taken care of. Not so in the US, so you need to save for that from that extra 50%.