In Album: FreedomRing's Timeline Photos
Dimension:
1188 x 1379
File Size:
277.83 Kb
4 people like this.
tambourinegirl, Kenylady, JimJimmyJames, LJames2020 reacted this

JimJimmyJames
The average salary in the USA is ~60 grand. In US dollars, the average salary in the UK is ~50 grand, & the average salary in the EU is ~40 grand. The tax rate on this in the USA & UK is ~20%. In the EU it's ~40%. Average sales tax in USA is ~8%. Average VAT in UK & EU is ~20%.

JimJimmyJames
After taxes, Americans still have ~72% of their salary in disposable income. In the UK it's ~60%. And in the EU it's ~40%.
