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by roadbeats 3007 days ago
I lived in US for 6 years and always paid %40 for tax. Add that very high living expenses, expensive insurance policies where you pay lots of money and still get poor health service.

Besides, US immigration system is not based on your skills. As an engineer you sign a slavery visa (h1b) and can not quit your employer until getting greencard. They give greencard to random people with lottery, not a joke. Your wife can not work, too.

In Europe tho, you get blue card right away. This is why I left US and choose Berlin as my next city. I'll make less but more valuable income here.

1 comments

You'd have to make an incredible salary to pay 40%.

You nearly have to make $750,000 per year in Boston to pay 40% between Federal + State + FICA.

Per a new study by the Journal of the American Medical Association comparing 11 developed nations on cost vs results, the US doesn't have poor health service. It's a lot closer to a lower-median rating among top developed nations than a grade of poor. The US scores very poorly on accessibility (10% of the population doesn't have coverage), and it scores very poorly on cost.

"One of the more notable findings in this report is that, at least in some areas, the quality of health care in the U.S. fared comparably to other countries. Long wait times for treatment, for example, are not as much of an issue for Americans as they are elsewhere. In treating heart attacks and strokes, the U.S. actually had the best record of any country. So, contrary to past findings, the quality of care may not be much worse in the U.S. than elsewhere. But the nation's was still shown to be the least accessible health care system."

https://www.cnbc.com/2018/03/22/the-real-reason-medical-care...

https://jamanetwork.com/journals/jama/article-abstract/26746...

I wish I hired you as tax consultant!
In all seriousness though. In California at $500,000 for 2017 the combined effective tax rate is 40.64%.