(And I am asking this in a friendly tone, as a genuinely curious question, and not a combative one. These nuances get lost, so putting them down in words). Thanks.
Taxes in Europe are huge, but comparable with taxes in California. Just sum all federal, state, local taxes on the salary, property taxes, sales taxes, health insurance fee, college tuition fee. Don't forget to add 25% tips to that. Count also small vacation, maternity leave and sick leave.
And then compare for example with France.
And not to mention you wouldn't find anywhere in EU thousands of homeless junkies shitting on the streets.
It is financially unfeasible for most middle class households to pass down their homes to their children due to the estate tax kicking on assets over 100,000 eur.
That seems OK to me. Why should children who are lucky to be born into a stable middle class family have a large financial advantage over other children? To be clear, passing down an entire home tax free in a highly developed nation is a huge financial advantage. Literally: 1,000+ EURs per month, for life would be saved. Why do so many people on HN think this should be normal to allow? In my eyes, this is the path to Old World aristocracy. The purpose of inheritance taxes is to reduce this advantage.I can guess what the reply/replies will be: "Oh, but housing is more expensive now. There is no choice but to use inheritance to give my children a head start." It would be better to ask why housing has gotten so out of control, not using inheritance to side step the issue.
It is financially unfeasible for most middle class households to pass down their homes to their children due to the estate tax kicking on assets over 100,000 eur.
Inheritance tax for children caps at 20%. That's hardly "unfeasible". Social mobility is significantly constrained
Social mobility is worse in the US that in the EU, e.g. see https://www.strategie.gouv.fr/english-articles/social-mobili...French citizen here, I'm really surprised by what your saying as it doesn't match at all what I've seen about french higher education.
> French taxation is incredibly complex and heavy on the middle class
Yes and no. French taxation can be complex, but it's also mostly pre-filled and automatized. For most people, it's simply a matter of checking if the tax form is correct (and I've never had an incorrect one so far, as my employer automatically transmit my paycheck info to the government)
> Life grinds to a halt with some regularity due to general strikes
There are often disturbance due to strike, but "Life grinds to a halt" is also widely hyperbolic. The last real impactful strike I remember was the late 2019 month-long strike on parisian public transport, which was annoying (and was quickly followed by Covid lockdown)
But I also agree on many points you bring, there tend to be far less upward social mobility than in the USA (I'm always surprised by how fast people seem to be promoted in the USA), and generally more disposable income and opportunities. On the other hand, instead of having everyone thinking themselves as "temporary embarrassed millionaires", it's more accepted that even lower socio-economic classes should have decent working and living conditions, along with a better safety net.
On the plus side, apparently very few place in the USA are actually walk-able, even the malls seems to need a long drive instead of being part of living in a city. There also aren't any food desert, with unprocessed food cheap, tasty[1] and widely available. Also, while there certainly are a fair share of drugs and homelessness, it's quite also quite safe[2].
[1] I know how smug that will sound, but all the echo I have is that fruits and vegetable in the USA taste very bland, and are far less nutrient-rich than they used to be a few generations ago. A friend who visited the USA was shocked about it, and half-seriously though he had Covid when he tried them, and he wasn't the only one.
[2] There are however pick-pocketing targeting tourists, especially asian, but a "hot" neighborhood in France is waaaay safer than a hot neighborhood in the USA.
Then add on top the lower wages.