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by strictnein
3225 days ago
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> Because it usually comes with built-in social security and nationwide health insurance. That doesn't make any sense. There's social security in the US as well and the company is paying for my health insurance. edit: Honestly, why the downvotes? What he was stated was inaccurate and doesn't account for any of the pay differences between the US and Europe. |
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1. Paid-for healthcare. In the US, I pay close to $2K/month premium for a high-deductible health insurance plan.
2. Subsidized child-care (kindergarten, etc.)
3. Paid-for higher education. That in itself is worth at least $250K/child.
4. Great public transport, which eliminates the need to have more than 1 car (as opposed to 3-4 per household in the US)
5. Decent infrastructure in general (airports, train stations, etc). The US looks like a third-world country.
Also, please keep in mind that while income taxes in the US are a bit lower, they are still significant:
- State tax (usually 5-7%)
- Real-estate taxes. It is not uncommon to pay $1000/month for a very average house in a Boston suburb with good schools.
- "Invisible" taxes, such as excise taxes (cars, oats, etc), alcohol, tobacco, gasoline taxes.