54 sats \ 1 reply \ @IamSINGLE 27 Jul
It may be that Europe is cheaper than America!!
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3 sats \ 0 replies \ @Undisciplined 27 Jul
The opposite, actually.
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100 sats \ 0 replies \ @Athena 27 Jul
Why would Americans not be wealthier? They have had the strongest currency for more than decades now!
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21 sats \ 4 replies \ @Lumor 26 Jul
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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0 sats \ 1 reply \ @OT 27 Jul
Mmm, I hear minimum wage in the US is pretty low. Maybe the wealthy people in the US bring all those averages up.
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0 sats \ 0 replies \ @zuspotirko OP 27 Jul
Nobody makes minimum wage in the us. It's a strawman discussion
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0 sats \ 0 replies \ @BitcoinAbhi 27 Jul
Indians don't understand how much richer Americans are in comparison.
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0 sats \ 0 replies \ @Undisciplined 27 Jul
When did Iceland become a US state?
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0 sats \ 0 replies \ @Coinsreporter 27 Jul
Currently EU is facing deep trouble economically. These troubles may have lowered the wages in comparison to US.
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0 sats \ 0 replies \ @Satosora 26 Jul
It took me years to figure this out.
People in europe have better saving habits than people in America.
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0 sats \ 0 replies \ @zuspotirko OP 26 Jul
See also:
#507891
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