4 ms·

The numbers are meaningless without knowing the cost of living. Here in the Netherlands I also make a lot less (Ph.D. working in bioinformatics) and probably pa

The numbers are meaningless without knowing the cost of living. Here in the Netherlands I also make a lot less (Ph.D. working in bioinformatics) and probably pay a lot more taxes. But my mortgage is my only dept and if I get cancer I can stop working for the treatment and have no other worries than the actual cancer. When I lose my job I can still pay for my house and food and school for both kids. University is about 2000 euros a year here. There are more things than net salary.

fnl 9y ago
Agreed. Nobody takes into account the total loss of social security in the US. Healthcare, retirement, child aid, education, .... If anything, I'd be upset if I were living in the US about other jobs not earning at least that much, to make ends meet, particularly given the huge risks everyone has to shoulder on their own.
- simonbarker87 9y ago
  In the UK my wife and I loose 25-30% of our pay checks to tax and national insurance and I would imagine the cost of living in the UK is comparable to the US. Our household income is considered pretty high in the UK as well so it’s not that we are badly paid in UK terms
  - deleted 9y ago
    [deleted]
  - siddharthdeswal 9y ago
    What kind of healthcare facilities do you get from the government?
    - teekert 9y ago
      At least here in the Netherlands the minimal, obligatory package is about 100 euros a month. this is with 375 of own risk (doesn't include doctors visits). This package will basically make sure you'll never get a real surprise, except when you have something with your teeth, oddly. Some cheap drugs are not covered. And for example there are sometimes discussions of whether new immuno-oncology related drugs that go well over 100.000 a year per patient will be in this package. For people with low income there is "zorgtoeslag", they get sponsoring from the government.
    - lozenge 9y ago
      In the UK you get everything for free regardless of work history or other factors. Every prescription has a £12 charge, topping out at a maximum of about £150 a year. Dental treatments are also normally charged at a low rate.
GuiA 9y ago
and probably pay a lot more taxes This is a misconception about the US. Compared to Europe, engineers tend to proportionally pay as much taxes, and sometimes even a bit more (!) in the US. You get tremendously LESS for your taxes though, both at the city/state level and national level.
- adventured 9y ago
  That's not a misconception. The US has a far more progressive tax system than Western Europe. People earning $40k to $80k in the US pay extremely little in taxes versus most comparable nations. If you're making $47,000 in the US, you're paying near a 10% effective federal income tax rate (before any deductions). That income level, which is the median US full-time income, is far higher than nearly every other median income on earth (except for a handful, such as Switzerland, Norway etc). At $80,000 in the US, you're paying a 16% effective federal income tax rate. If you're making $80k at a job in the US, you're also almost guaranteed to be getting a solid benefits package on top of that including healthcare. In systems with fully socialized healthcare, the middle class pays far higher taxes to cover their health insurance. That's why Scandinavia's tax systems are so regressive for example. In the US, the middle class is taxed far less, and they simultaneously get health coverage from their job. The top 20% are paying 95% of all income taxes in the US. Serious income taxation doesn't kick in until you get well above $100,000. All of these US engineers are getting nearly entirely / entirely subsidized health coverage, which is extremely lucrative and is not accounted for in the pay numbers. US healthcare costs twice as much as it does in eg Britain or Germany, so if your employer in the US covers the cost of that, as is typically the case with an engineer, that's worth another $10,000 to $30,000 per year depending.
  - GuiA 9y ago
    Interesting, thanks for the write up. My post came from the fact that as an engineer in Silicon Valley about 45% of my salary goes in taxes, which is more than if I were an engineer in my native European country (where obviously the pay would be much less).
    - 9y ago

fnl 9y ago

Agreed. Nobody takes into account the total loss of social security in the US. Healthcare, retirement, child aid, education, .... If anything, I'd be upset if I were living in the US about other jobs not earning at least that much, to make ends meet, particularly given the huge risks everyone has to shoulder on their own.

simonbarker87 9y ago
In the UK my wife and I loose 25-30% of our pay checks to tax and national insurance and I would imagine the cost of living in the UK is comparable to the US. Our household income is considered pretty high in the UK as well so it’s not that we are badly paid in UK terms
- deleted 9y ago
  [deleted]
- siddharthdeswal 9y ago
  What kind of healthcare facilities do you get from the government?
  - teekert 9y ago
    At least here in the Netherlands the minimal, obligatory package is about 100 euros a month. this is with 375 of own risk (doesn't include doctors visits). This package will basically make sure you'll never get a real surprise, except when you have something with your teeth, oddly. Some cheap drugs are not covered. And for example there are sometimes discussions of whether new immuno-oncology related drugs that go well over 100.000 a year per patient will be in this package. For people with low income there is "zorgtoeslag", they get sponsoring from the government.
  - lozenge 9y ago
    In the UK you get everything for free regardless of work history or other factors. Every prescription has a £12 charge, topping out at a maximum of about £150 a year. Dental treatments are also normally charged at a low rate.

GuiA 9y ago

and probably pay a lot more taxes This is a misconception about the US. Compared to Europe, engineers tend to proportionally pay as much taxes, and sometimes even a bit more (!) in the US. You get tremendously LESS for your taxes though, both at the city/state level and national level.

adventured 9y ago
That's not a misconception. The US has a far more progressive tax system than Western Europe. People earning $40k to $80k in the US pay extremely little in taxes versus most comparable nations. If you're making $47,000 in the US, you're paying near a 10% effective federal income tax rate (before any deductions). That income level, which is the median US full-time income, is far higher than nearly every other median income on earth (except for a handful, such as Switzerland, Norway etc). At $80,000 in the US, you're paying a 16% effective federal income tax rate. If you're making $80k at a job in the US, you're also almost guaranteed to be getting a solid benefits package on top of that including healthcare. In systems with fully socialized healthcare, the middle class pays far higher taxes to cover their health insurance. That's why Scandinavia's tax systems are so regressive for example. In the US, the middle class is taxed far less, and they simultaneously get health coverage from their job. The top 20% are paying 95% of all income taxes in the US. Serious income taxation doesn't kick in until you get well above $100,000. All of these US engineers are getting nearly entirely / entirely subsidized health coverage, which is extremely lucrative and is not accounted for in the pay numbers. US healthcare costs twice as much as it does in eg Britain or Germany, so if your employer in the US covers the cost of that, as is typically the case with an engineer, that's worth another $10,000 to $30,000 per year depending.
- GuiA 9y ago
  Interesting, thanks for the write up. My post came from the fact that as an engineer in Silicon Valley about 45% of my salary goes in taxes, which is more than if I were an engineer in my native European country (where obviously the pay would be much less).
  - 9y ago