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> Average salary in Austria after taxes is something like 2k/month No, average salary in Austria after taxes is about €3000, or about $3,700 after exchange rat
by dukeyukey 2y ago
> Average salary in Austria after taxes is something like 2k/month
No, average salary in Austria after taxes is about €3000, or about $3,700 after exchange rates and PPP. Which is less than the US, not hardly a poor place by world standards.
Combine that with the long-term wealth you get from being an early-to-industrialise European country that was on the capitalist side on the Cold War, and you've got your explanation.