I understand your frustration, but it's not literally nothing - just less than it should be. The US still has Medicaid/Medicare, public schools, welfare services, emergency services, etc (even if you don't use them yourself you benefit from a reduction in the number of desparate people around you if they were cut back even further than they already have).
If you are completely broke and go/are brought to a hospital in the US with an immediate life threatening medical issue, they will still try to save your life.
I am too young for M&M, public schools are the worst and I pay ridiculous amount of money for private education. welfare services? depending on where you live (I live in urban area) welfare services would make sure I am just as homeless as if I didn’t get any welfare service…
and yes, the ER will take me to save my life but that about as low of a bar as one could come up with.
Just to be clear, the employer first pays ~40-45% of the original salary, then the employee pays ~32-38% of the original salary.
i.e. a 100,000 EUR annual salary, the employer pays ~40,000 EUR to the government, then the employee gets their wage slips with additional deductions of ~38,000 EUR.
= total of ~78,000 EUR tax on a 100,000 EUR salary.
I don't think anything like that level of taxation exists in the US?
The tax loading in the US on the equivalent of a 100,000 EUR salary is much lower than this.
At 100,000 USD (a bit lower than EUR) the combined tax load on income for both employee and employer is typically ~30-35% depending on locale. In the US, $100k is pretty close to the median household income.
If you have extremely high incomes (e.g. 1,000,000+ USD) the gap closes a bit but even in the highest tax locales the marginal tax loading maxes out at ~60% of top-line income.
US Federal tax rates are some of the most progressive in the world. Only ~20% of households are net taxpayers after transfer payments and subsidies. Ironically, this is why it is so difficult to significantly increase income tax revenue in the US. It would require the middle-class majority to vote to raise their own taxes.
Which jurisdiction? I highly doubt your effective tax rate is anywhere close to that. Especially considering the myriad deductions and exemptions one should be able to take with a high income (401k, Roth IRA, HSA, 529, etc).
Watch it recover in the next 3 days. This is a buying oppo if I've seen one. The real losers are the companies that have yet to gain a userbase as large as G.
The study you linked is for instant coffee, widely considered the least healthy form of coffee. There is no study showing filtered coffee has negative health effects for most people, actually the opposite: https://www.health.harvard.edu/staying-healthy/whats-the-hea...
I'm on the top Claude Max tier. Just upgraded. I could probably make do with the lower one, but I hit the limit (for the first time) on the lower Claude Max this week, and I get enough value from it that I was not about to wait for a session reset.
Mosquito-heavy regions of northern Canada are actually warmer than Iceland in summer. Iceland averages 10-15°C (50-59°F) in July, but Canada’s boreal forest regions where mosquitoes thrive regularly see temperatures of 20-25°C (68-77°F) in the summer.
Meta keeps making more and more bafflingly horrible product decisions. Tens of billions into the Metaverse and now “let’s put gen AI into everything” even if it goes against the one thing that is arguably the most responsible for FB’s success - real identity. “Let’s put fake bots everywhere, because GenAI, need I say more?”
