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Old 03-21-2008, 12:27 PM   #16 (permalink)
kgba9231
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Taxes are at a similar rate to that of the US (increases with income bracket and in the US we come under a higher income tax bracket compared to the UK).

PharmJay mentions council tax, road tax, etc. but, here in the US too you have to pay those taxes except here they come under the blanket of 'property' taxes based on the value of the property (~2% of value of property and covers schools, policing, road taxes, etc. and for me here in Ohio, deadbeat state with very low property values, comes to around $6000/yr, but I here in CA it could be upto 4x and NY over 7x that much).

Schooling too is very expensive here in the US whereas it is almost free (with a minimal subsidised rate for tuition) in the UK. The pharmacists salaries here reflect that, 'cos most US pharmacy grads come out of pharmacy school with $70K+ in debts whereas it's probably not that bad in the UK.

To summise, I still think the wages is both places balance out when you consider the different lifestyles of the people. In the US, we are cash-rich but time-poor...we have more time for family and other pursuits but everything costs a little more financially in the UK. Ultimately though the opportunities are almost limitless here in the US and this is what attracts almost all of us here I guess - the pursuit of the 'American Dream'...Good luck all...
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