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I would love a citation on this. Anecdotally, I have lived in both the United States and United Kingdom. My tax rate was similar and in the UK I largely paid l
by djcrayon 8y ago
I would love a citation on this.
Anecdotally, I have lived in both the United States and United Kingdom. My tax rate was similar and in the UK I largely paid less for rent, healthcare and public transportation while paying more for staples like food. All in all costs were largely equaled out, although in the UK I enjoyed more vacation and worker protections I did not have as a US employee.
- swimfar 8y agoI don't know about the UK, but my net annual savings in the US is about equal to what my gross income would be in France or Germany. If I worked in the tech industry I'm sure the difference would be even greater. Also, healthcare is a problem in the US for people who don't get it from their employer. For those who do, it's often relatively inexpensive. I pay ~$100/month for really good coverage. It's the lower to lower-middle class that has it difficult in the US.
- abritinthebay 8y agoStatistically speaking you are an incredible outlier. Good for you, of course, but you shouldn’t generalize your experience to the entire population.