Also, the "US has low taxes" mantra is a bit of a myth.
Please add:
- State taxes (usually 6-8%) on top of federal taxes.
- Real estate taxes - in a major metropolitan area in NE US, you pay $12K/year for an average house in a decent (but not top) neighborhood.
- Excise taxes - for every car/boat you own.
- Taxes on every almost every service - cable/Internet, land/cell phone (FCC), airline tickets (FAA), etc.
We also get very low return on our money, paying twice as much for everything (education and healthcare in particular) and getting lower quality in return, compared to Europe.