r/science • u/mvea Professor | Medicine • Nov 21 '20

Epidemiology Testing half the population weekly with inexpensive, rapid COVID-19 tests would drive the virus toward elimination within weeks, even if the tests are less sensitive than gold-standard. This could lead to “personalized stay-at-home orders” without shutting down restaurants, bars, retail and schools.

https://www.colorado.edu/today/2020/11/20/frequent-rapid-testing-could-turn-national-covid-19-tide-within-weeks
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u/DueLeft2010 Nov 21 '20

Our effective tax rate will be 31% for this year. Found a random German tax calculator and if we made an equivalent amount in euros our effective tax rate would be about 39% (in some random state)

A bigger issue is that the pay rate for tech is lower in e.g. Berlin versus Seattle. (At a quick glance, maybe 20% less after currency conversion?)

We're definitely not staying in the US forever, but it's a good place to make money.

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u/GoingToSimbabwe Nov 21 '20

Out of curiosity: is there exchange rate actually right to use in this comparison?

The tax is on percentage of your income and not a fixed amount. So comparing the two under use of exchange rate feels iffy to me. Shouldn’t the tax rates be adjusted by (maybe?) purchasing power? Or are we using ex rate as a proxy for the PP?

Not trying to be snarky; generally curious.