21 sats \ 4 replies \ @Lumor 26 Jul \ on: Americans don't understand how much poorer Europe is compared to them charts_and_numbers
Look at that, americans using averages instead of medians for once. 😁 Might look slightly better for Europe with medians.
Would be cool to see income after taxes... worse for 99% of Europe I expect.
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0 sats \ 3 replies \ @Satosora 26 Jul
Is the tax rate in Europe super high?
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21 sats \ 2 replies \ @Lumor 26 Jul
This seems like a good overview: https://worldpopulationreview.com/country-rankings/highest-taxed-countries
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0 sats \ 1 reply \ @Satosora 27 Jul
Wow, they are really taxed over there. And not complaining? Was it like this before the euro?
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0 sats \ 0 replies \ @Lumor 27 Jul
We brought it on ourselves. In high trust homogeneous societies, not too much taxes were wasted at first.
I think tax pressure levels were unrelated to the introduction of the euro.
Edit: Except for maybe Greece (and Spain?) who were completely unsustainable with early pensions and a lot of tax-evasion. But that's an outsiders perspective.
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