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Lobowolf, on Dec 29 2009, 03:00 PM, said:
andrei, on Dec 29 2009, 12:49 PM, said:
bid_em_up, on Dec 28 2009, 03:54 PM, said:
andrei, on Dec 24 2009, 11:52 PM, said:
cherdanno, on Dec 24 2009, 11:18 AM, said:
andrei, on Dec 24 2009, 10:16 AM, said:
cherdanno, on Dec 23 2009, 04:02 PM, said:
In Germany, we pay a little bit more in taxes ...
is it twice more "a little bit" ?
ok, maybe twice more is as exaggeration, but "a little bit more" it is too.
edit again: it seems that twice more might be quite accurate:
a 75000 euros/year will pay 33% income tax
a 75000 US/year will pay 20% income tax
if you factor in the sales tax, 19% versus 4%-8% you are getting there ...
Lol, maybe you should start by comparing similar incomes, instead of comparing a 75k $ salary with a 105k $ salary.
I am wondering if you try to be sarcastic, but whatever ...
75,000 Eur != $75,000 US.
75,000 Eur. = $108,000 US (approx. based on exchange rate of 1.438)
This is what is meant by.....comparing similar incomes, imo.
really?
you are earning your money in US and spending them in Germany?
anyway, you can multiply the Euros with 1,43 to get the american equivalent, but then everything will cost you almost double in germany.
just 2 examples:
same VW Jetta TDI : Germany starts at 23000, in US 23000
same VW Tiguan (2.0 TSI) : Germany starts at 28000, US starts at 23000
do the same exercise with clothes, food, gas.
Income tax rates increase as a function of income in the US. It has nothing to do with the exchange rate. If you want to compare someone making 75,000 Euros with an American, you have to compare him with an American making over $100,000 a year, and that person is paying a higher percentage of his income to the federal government than an American making $75,000 a year.
my last post on this subject, waste of time ....
http://en.wikipedia.org/wiki/File:Income_T..._By_Country.svg
