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I was earning similarly in Europe. The moment I realized how much tax I was paying (51% bracket), I moved to Asia to work remotely. I honestly don’t care what’s
by fbrncci 4y ago
I was earning similarly in Europe. The moment I realized how much tax I was paying (51% bracket), I moved to Asia to work remotely. I honestly don’t care what’s being paid from my taxes, but to me that amount felt like theft. I now pay ~20% while being well above 10k after taxes.
- satvikpendem 4y agoThis is why comparisons between the US and Europe regarding wages are always fraught. For some people, it makes sense to pay a lot of tax for the benefits it confers. For others, like you and me it seems, it is not really worth it to pay that much tax and not really receive the rewards. But everyone who discusses conflates some people's preferences to suddenly be everyone's preferences, and this is simply not a true comparison.