Earlier quoted context omitted.
It is great for living, for raising kids. For life. Taxes in Europe are huge, but comparable with taxes in California. Just sum all federal, state, local taxes on the salary, property taxes, sales taxes, health insurance fee, college tuition fee. Don't forget to add 25% tips to that. Count also small vacation, maternity leave and sick leave. And then compare for example with France. And not to mention you wouldn't fi…
I'm sorry, I don't think you have sufficient perspective on what middle class life is like in France to make this comment with any justification. French taxation is incredibly complex and heavy on the middle class. It is financially unfeasible for most middle class households to pass down their homes to their children due to the estate tax kicking on assets over 100,000 eur. There are many unhoused people spread acro…
It is financially unfeasible for most middle class households to pass down their homes to their children due to the estate tax kicking on assets over 100,000 eur.
Inheritance tax for children caps at 20%. That's hardly "unfeasible". Social mobility is significantly constrained
Social mobility is worse in the US that in the EU, e.g. see https://www.strategie.gouv.fr/english-articles/social-mobili...