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Now calculate the difference in income taxes on 200k+. You are just paying it differently.
by zmnd 3y ago
Now calculate the difference in income taxes on 200k+. You are just paying it differently.
- Google234 3y agoDoctors don’t make 200k+ in those countries either
- munk-a 3y agoTaxes in the US aren't actually that much lower than in other countries - and the exploitation of all your juicey tax loopholes usually requires a pretty expensive accountant not accessible to the average person.
- zmnd 3y agoWithout taking into account compensation difference (that is also significant), almost no other developed country has such favorable tax regime (again ignoring temporary programs). Check an average FAANG salary on levelsfyi for seniors and compare how much would someone pay taxes on it in Germany.
- dfhinoinio 3y agoAmericans spend as much public money on healthcare as is typical in similarly wealthy countries. This is a fact; check it yourself if you don't believe me. We pay for an NHS and all we get is this lousy Medicare. The American system brutalizes poor people because it's cruel and stupid. It doesn't save you a dime on your taxes.
- thatfrenchguy 3y agoThey are private practice doctors, this is literally how much money they are getting paid