European Communism

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I don't know anybody who pays 40% income tax in Switzerland.

For the roads!

Taxation is theft.

it's usually 15% in Czechia. You pay 23 if your income is 36 times bigger then average monthly income (or you have high capital gains over some limit). You pay 23 "only" from the diff.

The table does not take into account the mandatory insurance. 33.1% is the social security insurance and 13.5% is health insurance. And you have to pay those. In some countries those are part of the income tax... People in general including many foreign employers are perplexed with the actual cost of employment over here.

exactly.

you get ~ 65% of your income and then you pay ~20% from every item or service you buy.

Not to mention how much the employer has to pay for your behalf.

The result is: You get 50% for your work if you're lucky.

In Romania, the net salary is 57.2% from gross salary… so that 10% is just for additional income… and even that, is taxed again with different other taxes, depending how you use it 😁

Same over here... The table is more confusing than informative.

This means that everything above 10% is avoidable. Just don't get salary, make everything additional income.

Not so easy to apply, but yes… this is the goal

Then not to forget that there is also VAT on everything you buy, unless you find ways to half legally avoid some of that too...

And the gov treats you like shit.

no you get 24/7 digital surveillance and 1984 in return. totally worth it

This is littlebit better picture, but the data are from 2021…

These often don't include social and health taxes (called "insurance"). Which is kinda a big deal in some countries.

It is false. In Bulgaria it is 20%

lol green is higher?

I don't think this is at all accurate. But yes taxation is theft

Wait. If a trader in Spain sells his shares with a 100 Eur profit, he has to give 47 away to the government? 😲

This is nuts. Does anybody do any legal business over there?

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