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Yeah, what's up with that? Are US wages so different from European ones? Around here (Belgium, a rather wealthy country), $3000 a month is a good wage. 8k/month
by sspiff 14y ago
Yeah, what's up with that? Are US wages so different from European ones? Around here (Belgium, a rather wealthy country), $3000 a month is a good wage. 8k/month seems a little excessive for creating and maintaining a relatively simple service? Am I underestimating the effort involved or the tax pressure in the US?
- danieldk 14y agoBut owning a company, you have far more costs than being employed. E.g. in The Netherlands (it must be similar in Belgium), you have to pay 19% VAT and add lots of insurances that your employer normally pays a substantial part of (disability insurance, liability insurance). Then you probably need a lawyer, and/or insurance for that. And the list goes on... Things become even more expensive once you start hiring employees, etc.