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Given the defense crisis now on Europe’s doorstep your countries may soon have to drastically increase defense spending. Taxes in Euroland are already quite hi
by bequanna 4y ago
Given the defense crisis now on Europe’s doorstep your countries may soon have to drastically increase defense spending.
Taxes in Euroland are already quite high. That money is going to have to come from somewhere and likely will eat into your public healthcare budgets.
- onion2k 4y agoTaxes in Euroland are already quite high. A quick google[1] reckons people on low incomes spend as much as 35% of their income on healthcare alone, before pay any taxes. You need to be earning a lot in Europe before you get even close to that. If you're on a low-to-average income then Europe is probably better. If you're rich then America is better. [1] https://www.advisory.com/daily-briefing/2019/05/02/health-care-costs https://www.advisory.com/daily-briefing/2019/05/02/health-ca...
- bequanna 4y ago> If you're on a low-to-average income then Europe is probably better. If you're rich then America is better. Many (most?) people on HN are highly-skilled, highly-paid technologists and likely the latter.