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@Momentum
Generally higher tax burden here pays for all of the state provided benefits that the yanquis miss out on. Our crowded little island means that property prices and rents are high which has a knock on impact on prices of goods in shops. The American way of life has been created by a mountain of cheap debt that is now unravelling spectacularly.
There are other things to consider too. When I was in NYC visiting some friends they were impressed that we could take a two week holiday and amazed that I get six weeks off a year. They had a grand total of two weeks of work.