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> you guys have some of the highest taxes in the world? I moved to Amsterdam from NYC, and honestly the taxes are about the same, with NY city and state taxes
by TomSwirly 5y ago
> you guys have some of the highest taxes in the world?
I moved to Amsterdam from NYC, and honestly the taxes are about the same, with NY city and state taxes taken into account.
- mrep 5y agoHeavily depends on where you are on the income curve. Also, I think a more apt comparison would be a more touristy place like florida which has no income tax and relies more on tourism taxes. As an example, a person making $100,000 would pay $22,754 in florida whereas someone in the netherlands making €86,176 would pay €32,989 in income taxes. Then you also need to factor in the 21% vat vs 6% sales tax. Also gas is $3.179 a gallon vs €7.158 a gallon. That's a pretty big tax difference!