Countries with lower taxes and a better quality of living?
I’m currently stuck in Denmark, and it feels like I’m in a never ending financial tug of war with the government, saying goodbye to 50% of my hard earned cash each month. Add a 25% VAT on everything and throw in some hefty taxes on utilities, electricity etc, and you’ve got a situation that has me questioning if this is the life I signed up for.
Living in a place where the cold weather feels like an extra tax on happiness, I’m craving a change.
I’m all about individualism, self-sufficiency, and independence. So here’s the big question: Where in the world are you guys finding that sweet spot between low taxes and a great quality of life?
As I contemplate my escape plan, Cyprus, Portugal, and Dubai are on my radar. I dream of living in a country where taxes don’t feel like daylight robbery. But, and it’s a big ‘but,’ my online income isn’t quite flexing its muscles enough for a move to the streets of Dubai just yet.
So, where are you residing? What’s the tax scene like in your corner of the world? Are you doing a happy dance every payday, or are you, like me, wistfully staring at your bank statement, wondering where all your money went?
And let’s not forget the living conditions. On a scale of 1 to 10, how would you rate your overall quality of life?
I’m not just asking for my benefit, this is a collective quest for a better lifestyle.
Your input is greatly appreciated!
(Just to be crystal clear, I’m not fishing for a lecture on why I should be grateful for my current Danish situation or any unrelated personal opinions. If your input doesn’t contribute constructively, save it for another time.)
Try Texas! Land of rugged individualism & freedom. A cancer diagnosis here, no problem, just file bankruptcy and lose your house plus anything you wanted to leave your children.
Speaking of children, the kids here get trained in school for what to do in case of a crazed shooter. I say well trained, but it never works -- the shooter always kills a bunch of them. The main effect of the training is to traumatize them & give them bad dreams.
You can carry a gun here, like openly wild west style. My mechanic accidentally pointed his at me when he was removing his holster belt. Thrilling!
Want a college education? You can absolutely have it here if your parents are rich or if you don't mind going into crippling predatory lending debt. People are often paying these loans into their 60's.
We have great roads, but be prepared to pay $150+ plus in tolls per month if you use them routinely.
Hope you don't need an abortion. You'll need to go out of state as it's illegal.
Our governor is kind of a monster, we've decided to find it charming. He didn't make sure to take care of the electric grid infrastructure and the Texas Tribune estimates 900 Texans froze to death one winter, although that's higher than official numbers.
Lots of people here pay 25-40% in federal taxes, btw.