71–80 of 83 posts
Earlier quoted context omitted.
We have no wealth tax, no inheritance tax. If most of your income is a salary, the tax burden is high, but if you're living off investments, properties or generational funds, it's quite advantageous.
Sounds like in Sweden it's critical to pick the right parents.
Earlier quoted context omitted.
I don’t think it’s completely meaningless if you’re trying to save / invest. A smaller percentage of a larger salary is often more optimal than the reverse. This is why for example working in a high COL city with a high salary is ultimately better; your 10% going to savings will be higher. It might not matter if you never leave the high COL city, but ceteris paribus I’d rather have a larger number in the bank account…
>I don’t think it’s completely meaningless if you’re trying to save / invest It's largely meaningless, because some of what people are saving for in one country can be included in tax and social security contributions in another country - e.g. pensions and university tuition.
These numbers can get wonky fast. E.g. devs salaries in Ukraine are pegged to the dollar, so they get free raises as the exchange rates plummet. At the same time the cost of living in Ukraine was low before the war and only got lower. Oh and taxes are pretty low in Ukraine. So I'm pretty sure Ukranian devs will end up with one of the top salary rates in all of Ukraine, but the externalities of that are large.
Also developers use official exchange rate while everything is imported using market rate. 10% cut here.
>> the cost of living in Ukraine was low before the war and only got lower
This is not true. Some low skilled services are cheap, but high skilled are not.
Or are you talking about cost of housing near the frontline?
Dev salaries in Ukraine also down since the start of the war as no new projects are outsourced to the country.
Earlier quoted context omitted.
We have no wealth tax, no inheritance tax. If most of your income is a salary, the tax burden is high, but if you're living off investments, properties or generational funds, it's quite advantageous.
Sounds like in Sweden it's critical to pick the right parents.
Looking at salaries after tax is completely meaningless, what is even this article trying to infer. You have to take in to account the cost of living and also quality of services you get for it. France & Sweden is close in the numbers but France is notably cheaper to eat out and Healthcare quality can't even be compared (to French favor). But if you're wealthy you'd probably prefer Sweden still because of the low tax…
In addition (I'm European), I object to the use of per-hour wages instead of monthly salaries. It's less informative in Europe. Most jobs are full-time, salaries are typically advertised and talked about in monthly terms, and the length of the work week varies as well. Per month is just more useful as a comparison point. Oh and Sweden is slightly ahead of France on the latest EHCI. Sweden scores near the bottom on ac…
https://santesecu.public.lu/dam-assets/fr/publications/e/eur...
Earlier quoted context omitted.
Vacation is also never mentioned in those discussions or comparisons. 10 days in the US vs. 20-30 (+ 8-14 public holidays, depending on the state) in Germany is much more important for _me_ than the net income. https://en.wikipedia.org/wiki/List_of_minimum_annual_leave_b...
Can't you take days off without pay in the US? The numbers that usually come up are twice the income compared to France. Taking 20 more days off without pay means losing a month of salary, which doesn't come close to making up the difference.
I don't know whether this is AI slop or what. The first chart definitely doesn't show average salary AFTER tax, maybe it's a total cost to employer on hourly basis before any taxes or SSC. And the second chart titled "Where do taxes weigh the most on employers and employees?" doesn't actually show what it purports to show. It only shows a small slice of the social security contributions that employers pay. It shows:…
Earlier quoted context omitted.
>I don’t think it’s completely meaningless if you’re trying to save / invest It's largely meaningless, because some of what people are saving for in one country can be included in tax and social security contributions in another country - e.g. pensions and university tuition.
What do you think is more meaningful a metric?
Here's a dataset that Eurostat publishes. It includes cash transfers and transfers in kind, compared using PPP (PPS) exchange rates:
Adjusted gross disposable income of households per capita in PPS
https://ec.europa.eu/eurostat/databrowser/view/tec00113/defa...