pull down to refresh
21 sats \ 4 replies \ @Lumor 26 Jul 2024 \ 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.
Is the tax rate in Europe super high?
reply
This seems like a good overview:
https://worldpopulationreview.com/country-rankings/highest-taxed-countries
reply
Wow, they are really taxed over there.
And not complaining?
Was it like this before the euro?
reply
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.
reply