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He is correct too. Compare tax rates in the European continent to the USA. US taxes are much lower. Some states, like New Hampshire, have 0 sales tax. So if you buy something that costs a dollar, you actually pay a dollar. Not 1.06 like in Pennnsylvania, or a whopping 1.27 like in Hungary.

https://upload.wikimedia.org/wikipedia/commons/1/1f/EU_VAT_T...

https://upload.wikimedia.org/wikipedia/commons/8/8b/Sales_ta...



States with a low sales tax tend to have high property taxes.

Apparently the New Hampshire median home price is 487K. With a property tax of 1.89% that's 9.2K/yr or $767 per month.

EU property taxes are a fraction of that: https://taxfoundation.org/data/all/eu/real-property-taxes-eu...

Overall, Europeans do pay higher taxes but Americans really overlook how much property tax they pay, and how this closes the gap significantly.




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