Bill Brown <brow...[at]longwood.edu> wrote:
- quote -

I beg to differ.

- Europeans may pay a lot more in taxes, but they usually
have free medical care and free college education.
- They have inexpensive public transportation.
- They have 4+ weeks of vacation benefit.
- They have decent retirement incomes.

I have collegues in Finland, France and Britain. Unless
they are super scientists, engineers etc. who can make
handsome incomes in hightech companies, after a stint here
in the US most prefer to go back.

As for my taxes: I paid approximately 28% of my income in
taxes last year.

Yet I cannot afford to buy a home.

Yet I am concerned about my retirement, because my savings
30 years after graduating from college is only 7 times my
current annual salary. The statistics say I am expected to
live 30 more years on that. That is, only on 23% of my
current salary, while my healthcare expenses will keep
climbing up.

Deguza

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Kompu Kid <deg...[at]hotmail.com> wrote:

- quote -

Find a job that doesn't offer employees a tax deferred 401
or any other retirement plan. Then you can put money into an
IRA and take a deduction.

Alternatively, you can keep your current job with its 401
and take any extra cash you have and save it (yes, I said
save it) in a regular taxable account at any bank or in the
stock market.

Frankly, I am becoming somewhat radicalized by people who
complain that the relatively generous tax breaks they get
aren't good enough and that they should get more, more,
more.

Or maybe I just haven't had enough coffee yet this morning.

Moderator:
Compared to European tax schemes, U.S. citizens are either
under-taxed or over-serviced.

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