Not many will take a massive pay cut only to pay more taxes
Something to consider, a huge number of people feel personally alienated and under threat of harm by the current administration’s party rhetoric.
Those people may, bizarrely, value life and liberty over top dollar. The revulsion expressed on the matter of taxes may also seem odd to the people for whom paying taxes means the state can provide for their safety and wellbeing.
Sure, in America why would anyone move from State A to State B to get less paid and pay more taxes. The social conditions are (in a wide-stroke) the same.
This is ofc not the case if you move to say, Europe or SK/Japan. The amount of money you need to live a similar socio-economic lifestyle is different.
And we already know that many people don't put certain value to increased income past a certain threshold (people want to feel safe and well-off; not necessarily be a millionare). We are in the HN/US-Tech bubble so ofc it feels like "everyone want to be the next Zucc with their startup" but if you once leave that bubble, you'll notice that most people are not a over-fitted model to one metric called income.
What it does have is extremely high wages, and despite my inclinations to the contrary I'm absolutely staying for the next year or three, but taxes aren't to blame there. A small number of tech oligarchs made that possible (FANG driving up wages for certain skillsets).
Didn't mean for this to be a wall of text. Basically, money's not everything, and even if it was, it could still make sense for a lot of folks from the US to want to move to Europe.
That salary comparison was valid pre-Trump.
Is it not valid now?
And if we focus specifically on the academia, American salaries have never been that high. Sure the numbers in the paycheck are bigger than in most countries, but the cost of living is also high. Particularly because good universities are often in very expensive areas, such as California, New York, or Boston. I've worked at a foreign university where grad students on dual income could buy a starter home. Now I'm at an American university, where you need to be tenured faculty on dual income to afford a similar home.
> I've worked at a foreign university where grad students on dual income could buy a starter home.
Back when I was in the job market and looking for a permanent position, we had a rather silly government that did poorly justified budget cuts. Academic positions were scarce at the time. I was looking for a position in Europe, but I somehow ended up accepting an offer from the US. I had never thought seriously about moving to the US, but when you are in the academia, you learn to take the opportunities you can find.
That used to be the American advantage. You had a less competitive academic job market and higher chances of winning grants. The downsides were a bit lower position in the social and economic hierarchy than in Europe. And the American way of life, which is not for everyone.
When the US model used to be to attract top worldwide researchers, that's pretty much the targeted demographics.
US life is more plentiful in terms of cash but not in terms of hard value. Why do you think we get so many American tourists?
Unfortunately Europe is full of self inflicted wounds, especially around entrepreneurship, but we are working on those.
Because the US is a young country compared to most of Europe?