Re:Why is the stock market rallying when the economy is so bad?
by lotsofpulp on Monday May 11, 2020 @10:54AM
(#23142780)
Yes, for high earners in STEM in high demand of their labor it’s a no brainer.
But for others, the volatility of income is much higher and muddies the calculation. Losing your job is much less stressful when you don’t have to worry about your healthcare also.
No, it's not impossible. I'm from the US and live in Canada and it's essentially comparing the lower US tax rate + health care premiums and expected unemployment benefits.
For the record, the US is clearly cheaper for a slim 30 something with no kids and no medical issues -- like ~27,000 bucks or so per year, when I compared WA to AB. When you start adding kids and getting 60+ that changes, and long term it may be a better deal up north, but in the short term I'd rather do STEM in a state with no income tax.