alt Hacker NewsI’m assuming you mean you’re in the top 8 percent of income distribution? Ie about 90,000 euros?
If so, by my rough math, you’re paying about 25% more in taxes than an equivalent American couple based on PPP. That American couple would have about $30K USD/26K Euro more in disposable income, would likely have good quality health insurance paid for by their job, be eligible for $3K to $4K in social security retirement income per month, and be able to individually contribute to tax free retirement accounts, tax free college funds for their children, etc.
That's incredibly misleading. For a high salary, this American couple you mentioned, are probably living in California or New York or New Jersey or another high tax state.
Now redo the math.
I and most people in my peer group pay over 40 percent of income in taxes, and that's NOT including property taxes, which are much, much higher than in Europe. Some much more than that - like triple (city, state and federal).
State taxes were completely ignored from your math.
This message, and the message before it which I am at pains to rebut much of, contains a lot of misleading cherry-picking.
And you compared European universities to a two year county college degree? Healthcare costs were also greatly glossed over. I'm hoping someone else is triggered but if not I'll be forced to step in and correct this stuff.