Teacher A:
Teacher A:
- Country: Denmark
- Salary: $61,000
- Education: free – students are even paid to attend
- Healthcare: free
- Country: USA
- Salary: $45,000
- Education: $25,000-100,000
- Healthcare: $2,650 for insurance, $4,000 deductible (thanks to obamacare), some additional co-pays
Teacher A:
- has an income tax liability of nearly 50% ($30,000)
- pays a 25% sales tax
- 150% vehicle registration tax – down from 180%
- over 10% of the Danish population will suffer from depression
- Denmark also ranks high in the world index of mental illness and suicide rates
- has a federal income tax rate just over 10% ($4,741)
- pays an average sales tax of 8.45%
- 5.75% average vehicle registration tax
- Approximately 7.6% of Americans will suffer from depression, and have lower suicide/depression rates