[j7ake]

It doesn’t matter honestly, 65k versus 80k after 42% tax on the extra 15k is about 800 euros a month. Not qualitatively different.

[iso1631]

€65k is $77k is £56k. Takehome is 61% Germany, 76% UK, 77% US

€80k is $94k is £69k. Takehome is 60% Germany, 73% UK, 75% US

If Germany taxed at US rates at €65k it would be an extra €867 a month, "Not qualitatively different"

When US IT jobs are on twice the salary ($150-200k or €130-160k) that's a hell of a lot bigger impact than the tax.

US https://smartasset.com/taxes/california-tax-calculator

UK https://listentotaxman.com/

Germany https://www.how-to-germany.com/income-tax-calculator/

[NoiseBert69]

Reality is ~36-38% if you learn to spend money strategically so you can fill a proper tax return.

I never paid 42% my entire engineer life.

[iso1631]

OK that's an extra €20 a week, doesn't really change the point

[klooney]

What are you doing, for the non-Germans? I'm wondering how onerous your tax optimization strategy is.

[stockresearcher]

> 800 euros a month. Not qualitatively different.

Put 800 euro a month into an investment account and you’re a millionaire by age 50.

[etyhhgfff]

Compound interest is a think but we wont be millionaires by age 50, especially in modern times where people study long and start working in their 30s.