2 ms·
You must have assumed some level of income. How much?
by jeffbee 3y ago
You must have assumed some level of income. How much?
- lotsofpulp 3y agoThe comparison is very difficult. Just incorporating health insurance premiums (even the portion that is employer paid) paid from pretax income plus some proportion of deductible/out of pocket maximum involves assumptions that change the calculations. Not to mention the myriad other ways to defer or exempt future income from taxes such as 401k/IRA/roth/529/HSA/etc. And then on top of that, you have 50 different states with myriad ways of taxing income, different types of income, consumption, and estates, and within those 50 states, there are numerous counties and cities with their own ways of taxing the same. For example, my effective individual tax rate at similar W2 incomes has varied from 30% to 17% (including health insurance premiums) just by changing the jurisdiction I live in. And that’s calculated using various assumptions one may or may not agree with.
- seanmcdirmid 3y ago> The comparison is very difficult. Just incorporating health insurance premiums (even the portion that is employer paid) paid from pretax income plus some proportion of deductible/out of pocket maximum involves assumptions that change the calculations. I'm pretty sure the Netherlands has payroll taxes (employer paid) as well, so you would have to balance that assessment with what employers are paying.