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0 pointsI_AM_A_SMURF3y ago0 comments

For high earners it's still higher in EU, about 50% vs 40% but yeah it's not that significant.

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hef198983y ago

Be aware that those 50% in the EU usually include social security, unemployment, health care and taxes, not just taxes on your salary. Also, it's less than 50% in praxis, 50% are just easier to calculate in your head.

pedrosorio3y ago

Those 40% in California also include:

- Medicare (65+ healthcare), social security (retirement)

- California taxes: disability, unemployment, and for low income people, Medi-Cal covers healthcare as well

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hef198983y ago

pedrosorio3y ago

Those 40% in California also include:

- Medicare (65+ healthcare), social security (retirement)

- California taxes: disability, unemployment, and for low income people, Medi-Cal covers healthcare as well

j / k navigate · click thread line to collapse