4 ms·
I guess it's not only about the amount of taxes, but also what you get out of them. Recently I was considering moving from Germany to California, and decided it
by levosmetalo 13y ago
I guess it's not only about the amount of taxes, but also what you get out of them. Recently I was considering moving from Germany to California, and decided it's not worth it money wise. Yes, the nominal salary is a bit better, and nominal taxes are a bit lower in the USA, but what would I get for it? Here, I get full health insurance included in my taxes, retirements contribution also. In addition, I get 4k€/year in child support, free quality education all the way through the university, subsidized education for grown ups and only 60€/month full day child care. If I were to go to USA, I guess my complete taxes would be used for harassing other countries, and I'd still have to pay a lot more for things that here I get for "free".
- toomuchtodo 13y agoThis is why I contemplate moving to Europe. In Illinois, I'm making ~$120K/year salary. After payroll taxes, I see ~$72K of that. Then take into account sales tax (10%) and property taxes (~$3K/year). I'm effectively paying EU tax rates without any of the benefits (child care, universal healthcare, etc).