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Do not compare EU salaries with the US

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Re: Do not compare EU salaries with the US

#11
post #3

It seems she's fairly ignorant of how things work here as the vast majority of his fears are unfounded. That's ok though, the point about comparing salaries is very valid, there's extreme cost of living differences among many other things. For a lot of Americans, the fear we have is being completely dependent on the government. Look at who is exiting presidential office, look who is entering. Attaching our fates to t…

It’s a woman writing

Re: Do not compare EU salaries with the US

#12

It seems very hard to compare the two figures. I guess the interesting way to compare them would be what's the disposable income you have to spend normalised against purchasing power. So gross salary, less taxes (payroll and any others if applicable), pension contributions, student loan repayments, medical insurance contributions (and other out-of-pocket expenses relating to that you may have to pay in a typical year…

Put it this way, in Silicon Valley, a family of 4 making $100k USD qualify for affordable housing programs.

Re: Do not compare EU salaries with the US

#13
post #3

It seems she's fairly ignorant of how things work here as the vast majority of his fears are unfounded. That's ok though, the point about comparing salaries is very valid, there's extreme cost of living differences among many other things. For a lot of Americans, the fear we have is being completely dependent on the government. Look at who is exiting presidential office, look who is entering. Attaching our fates to t…

There's a third option: fix your government.

Re: Do not compare EU salaries with the US

#14
post #3

It seems she's fairly ignorant of how things work here as the vast majority of his fears are unfounded. That's ok though, the point about comparing salaries is very valid, there's extreme cost of living differences among many other things. For a lot of Americans, the fear we have is being completely dependent on the government. Look at who is exiting presidential office, look who is entering. Attaching our fates to t…

It’s a woman writing

[deleted]

Re: Do not compare EU salaries with the US

#15

DO compare it and see how much one can end up saving in a given time in the US, even after paying for healthcare, education etc.

Did you read the Twitter thread? The person writing the Twitter thread clearly outlines their feelings about the need to contribute to the social safety net. > I wanna give back, im okay with that > I don't wanna make 250k while most people work three jobs

Yes, I did read the whole thread.

Nobody is stopping one from voluntarily donating to a non-profit or for-profit organization, or being involved in one for that matter.

In Europe, most people don't work 3 jobs because either it's not legal to do so or those jobs don't exist because of debilitating regulations... or at some point, making more isn't really worth it because of how high the taxes go up.

Re: Do not compare EU salaries with the US

#16
She is merely saying..as I read it..that she doesn’t mind paying more taxes because she has already benefited more from the system than she expects to earn.

The world we live in right now was created because of CAPITAL. Not TAXES.

Even taxes exist only because of capital.

I am tired of people instructing others how to think. If someone wants to compare their EU salaries with the US, let them!

What is even the point of the Twitter thread except that the author says she is ‘ok with paying more taxes’. This literally has no value unless she also reveals how much she pays and how much she has gotten out of the system.

The problem we have with our economic system..at least in theory..is the lack of A Constant. Either we should have a constant fixed population or a constant steady rate of consumption or stable prices or constant renewable resources. It is very difficult to have maintain equilibrium all the time when there is so much dynamic flux.

Re: Do not compare EU salaries with the US

#18
post #3

It seems she's fairly ignorant of how things work here as the vast majority of his fears are unfounded. That's ok though, the point about comparing salaries is very valid, there's extreme cost of living differences among many other things. For a lot of Americans, the fear we have is being completely dependent on the government. Look at who is exiting presidential office, look who is entering. Attaching our fates to t…

> the fear we have is being completely dependent on the government

It's the same in Europe, though. No one wants their government to have too much power.

The political class is both out of touch and untouchable in the US, EU and pretty much most countries I'd say.

Re: Do not compare EU salaries with the US

#19
post #6

DO compare it and see how much one can end up saving in a given time in the US, even after paying for healthcare, education etc.

You'll get ruined in US if you get cancer in your close family despite 'paying for healthcare' all your life. In my uncharitable opinion US is good for earning money as a young, highly educated person and for nothing else. So go there when you are around 25, work your ass off at whoever pays the most for your skillset, spend as little as possible and bail before 35. Later you're screwed. You'll still make more and mo…

>You'll get ruined in US if you get cancer in your close family despite 'paying for healthcare' all your life.

Not really if you have insurance which as a software engineer you would have. Might hit your $10k out of pocket maximum but you salary will easily cover that.

edit: When my dad got cancer his insurance actually PAID him a cash payout for every treatment on top of paying the medical costs. He works at a non profit.

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