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Area dependent. There are plenty of places in US with way less taxes. The issue with places like NY, LA, SF, is that they are currently transitionary places. I
by ActorNightly 4y ago
Area dependent. There are plenty of places in US with way less taxes.
The issue with places like NY, LA, SF, is that they are currently transitionary places. Its a place where you go work for a bit to build up your career, then leave to go somewhere with a much cheaper cost of living, significantly below EU for the comparatively same standard of living (unless you are on the lower end of the income scale where you definitely get more in EU).
A small minority of people stick around because their respective industry is in those cities (finance for NY, entertainment for LA), but they also get compensated way above the median/mean.
In EU, on the other hand, cities are places where people live normally at all income levels.
- Jcowell 4y ago> A small minority of people stick around because their respective industry is in those cities (finance for NY, entertainment for LA), but they also get compensated way above the median/mean. As someone who was born and raised in NY. No. People do actually live lives independent of what they do in the outer boroughs. Entire communities and generations of families. Far more significant that a small minority. Seriously I need HN to understand what makes up NYC beyond Manhattan and gentrified Brooklyn.
- ActorNightly 4y agoYes, and the cost of living in those places are much cheaper.