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I don't think taxes in the US are much lower than in Europe, as most people seem to assume e.g. here's a comparison which puts them close to the same, but note
by crispyporkbites 9y ago
I don't think taxes in the US are much lower than in Europe, as most people seem to assume e.g. here's a comparison which puts them close to the same, but note that it excludes property tax, which is pretty high in the US:
https://www.theguardian.com/money/2017/may/27/tax-britons-pay-europe-australia-us https://www.theguardian.com/money/2017/may/27/tax-britons-pa...
- vadimberman 9y agoA weird comparison. I wonder where he took the numbers from. I can tell from experience that the Australian taxation authorities make the US taxation authorities look like a gift-giving Santa. I also dealt extensively with Europe, and Europe is by far worse than Australia in that respect. (A note to the dear Americans, I am not an American who went to Australia, it's the other way around.) And then they mix in mandatory pension contributions for some, which makes the comparison even weirder. Also note that this comparison is for long-term residents, not for expats or entrepreneurs that are there for a few years and may not be as interested in the social programs.