Tax Day – pop the champagne

There are many things Europeans in the US complain about, especially these days: No local public transportation systems (outside NYC); no decent bread; no sidewalks; awful roads; houses made of sticks; etcetera. And I live in a state where the sale of beer with more than 6 percent alcohol is illegal, but the natives make 200 proof moonshine in every other backyard!

But every year on April 15 we stop complaining for a moment and open a bottle of champagne, or rather some of that yummy California bubbly! Considering that in most of the EU we’d stand a pretty good chance of getting taxed 40-50 percent on our income, we just have to tell ourselves that “you get what you pay for.” A 25 – 30 percent income tax rate is a pretty good deal.

Comments are closed.