Quote (excellence @ 16 Apr 2019 01:35)
He makes ~$180k salary, rest is other income which almost always is at a lower tax rate
when I was making about 60k € a year in 2015, which was almost exclusively salary back then, I paid an effective income tax rate of 35%. oO
someone making $180k (159k € at current exchange rates) would pay an effective income tax rate of over 40%.
welp, on the other hand, my tuition on one of the most renowned german universities was effectively 370 € per year, and when I finished my degree, I had more in my bank account than when I started - instead of being $100-250k in the red like present-day american college graduates...
and full (!) healthcare coverage costs me 365€ per month, and if I had a wife and kids, they could get free coverage under my plan too as long as they dont have their own income.
I honestly dont know who has it better all things considered.
This post was edited by Black XistenZ on Apr 15 2019 08:56pm