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> I have accumulated and will continue accumulating wealth that would be impossible to accumulate in any European country in my lifetime. "Some people are so p
by ThePowerOfFuet 6y ago
> I have accumulated and will continue accumulating wealth that would be impossible to accumulate in any European country in my lifetime.
"Some people are so poor that all they have is money."
- emteycz 6y agoDon't act like you don't need a lot of money in Europe.
- barrkel 6y agoWell, you don't need a lot of money. The exception would normally be medical needs but those are generally covered if you're in the system. You may want things that cost a lot of money, but this is a different problem, with more than one solution. (I'm not advocating curtailed wants or frugality. My life is pretty comfy and I like it that way.)
- emteycz 6y agoNot every place in EU has tax-funded universal healthcare. It's the minority actually. Most countries require you to pay health insurance - and that's certainly not cheap if you're a software engineer as it's based on your income - e.g. 13.5% of my pre-tax (25%) income where I live; that makes it more expensive (absolutely - without income adjustment) than the most expensive premium US health insurance plan for me, without any of the perks. And where is universal healthcare there are also enormous taxes (>50%). Real estate is much more expensive in major European cities compared to US major cities (income-adjusted), and is taxed a lot on top of income taxes. And rural real estate is much cheaper in the US both absolutely and income-adjusted. Vehicles and fuel are more expensive here too + again major taxes. Traveling by public transport is reality only in major German and French metropolitan areas, you need a car everywhere else as soon as you need to cross the city border at least semi-regularly. And yet not even coronavirus tests are free here, as opposed to many places in the US.