These are the European countries ranked by income tax and social contributions. It would have been impossible to classify the nations considering all taxes, but we have provided information on other taxes as well. What is the situation in your country?
Estonia: 8400 euros 0%, all over that regardless the number of salary - 20% (untaxed minimum lessens gradually from salary of 14,400 to 26,500 after which it disappears and 20% applies to all of salary. In 2025 the untaxed minimum will still be 0% and income tax over that will increase to 22% while 0% tax part remains untouched regardless of salary numbers, which will increase net numbers. Social tax of 33% (covering pensions, medical etc.) of employee's salary paid by employer. Tax collection system very effective, tax evasion minimal, corruption almost nonexistent. Tax revenues excellently seen in roads, schools, hospitals, service levels etc.).
It’s a shame for a low waged country like Slovenia to impose second highest taxes + opaque explanation of tax provisions for capital gains tax with discriminatory loopholes against those who are disadvantaged in understanding the tax code and exemption laws . There’s little room for seeking justice as a non native speaker. Namely second class citizens are always elbowed out of being fairly treated as equals
Belgian example : I retired at 65 and started the in the transport of handicapped people, a delicate and responsible job, certainly with children, ! I was earning 12 € per hour BUT the State took me back 48 % of all I was earning in this additional job I needed to survive. I stopped at 74 years old for health problems. A State taking 48 % of a retired person having a small additional job is a pure Slaverny-State that I deeply hate ! Certainly when you see what they do with our Taxes !
The situation in Belgium is even a lot worse than mentioned here. There is a whole range of hidden taxes which accumulate to a much higher percentage than mentioned in this presentation. For instance you have employer contribution on wages which amounts to +/-10% of our gross monthly wages, which is not visible to the employee because it's paid directly by the employer to the government and not mentioned on the payment slip. Than you have VAT of 21% on most things and 6% on food. Taxes on interest of your savings. Municipal tax on income. Property tax. Road tax. Taxes which they call "accijnzen" on tabaco, liquor and petrol .......(in addition to the VAT) which can easily run over 100%. For example: if you buy 175 grams of tobacco sold by Aldi in Belgium, you pay 59.5€. If you buy the same tobacco in an Aldi in Luxembourg you get 200 grams for 23.6€ . The same product is 150% more expensive in Belgium than it is in Luxembourg and the difference is pure taxes. You also have a tax on wast water which is hidden in the price of municipal water. Provincial tax, municipal tax and tax for waste collection. An extra tax for covering long term sickness. Inheritance taxes, which can run up to 65%, depending on the relationship and the amount. Pretty sure that I missed a few others. I once made the mistake of calculating the total for my personal situation and concluded that 86% of my gross wages (including the employee contribution) ended up in government coffers and this didn't even include any taxes on savings, taxes on the sale of property or inheritance taxes. Funny thing is that our government keeps complaining that labor cost in Belgium is too high to remain competitive and that our national debt is over 100% of our GDP ;-). There are a number of possible tax deductions, like pension savings up to 990€/year, which can give you a tax deduction of 30%, but if you take up the capital of these savings, you're taxed again and these taxes can run up to more than 33% erasing all tax benefits you received earlier because its not just the capital you earlier deducted, but also the capital gains which are subject to taxation. Simply depressing.
Then you know who to vote for on June 9 and will things change? No. Taxes are not the problem, but spending on useless projects. Ask an architect what the expenses are between a private project and the government, which is not normal and then you hear them say "it's just tax money". And it's not just here.
@@K0ga64 Problem is that the voting system is rigged in a way to ensure that no matter how you vote, you always end up with the same clowns. The establishment parties will always try to maintain the status quo and due to the fragmentation of the political theater, none of the parties will ever be able to obtain a majority. Finally you end up with a coalition of the establishment parties and all of them will block any party which wants serious reforms. The only way this can be resolved is to abolish the mandatory voting.
In Germany you dont pay 9 % of your income as church tax. You have to pay 9 % of your income tax. And that is a very big difference. i left church over 40 years ago, so i dont pay any church taxes.
It's far more complex. EU has extremely different economies with extremely different production and consumer prices. It's almost impossible to compare Scandinavia to the south or east EU.
Hi! We completely agree with you! As we mentioned in the video, it's impossible to calculate the true tax burden of a nation, let alone compare it to others. That's why in this video, we decided to rank countries based on OECD data on income taxes and social contributions, and then provide additional information on other taxes for each country in the ranking. Have a great day!
Estonia: VAT 20% flat, income 20%(but 567eur free), social 33%(max 3000eur), companies tax NONE, various hidden taxes like fees for government service around 200eur, so if u dream of a regressive paradise .. dream on add: average bank loan 1=1.42 eur, housing ~ 600, prices 120% of EU average, that said average income 1500 after tax(not accurate, 70% of ppl get a little above min 600-1000eur)
Salary of 31.300 EUR is not taxed with 33 % income tax. You have to take into account that compulsory social contributions of 22,1 % are counted as income tax relief, then there is 5000 EUR of general income tax relief which reduces the income tax base to 19.382,70 EUR. Then, income tax is 16 % for first 8.755 EUR, and 26 % for rest. So, income tax is 4,164 EUR. Net income is 20.218,7 EUR. Total tax burden is 35,4 %. It seem that whole video lacks the data on general income tax relief which is important information in calculating the tax burden.
I do miss Sweden in this comparison we have minimum tax rate at 38% (if you include social security cost aka payroll tax at 32%) our regular rate goes up to 50% so it totals around 84% if you add in church tax at 2% then we got a VAT of 25%. So I’m pretty sure Sweden is number 1 or 2 on this list. Sometimes Denmark has higher but these 2 are always in top.
Hi! Thank you for sharing this information with the community. The OECD reports an average income tax rate of 24.3%, both for individuals and single-income households with two children. taxsummaries.pwc.com and sweden.se report income tax brackets for 2024 that differ from those you provided. Have a great day! 😊
Hi! According to OECD data, France ranks fourteenth in Europe, with an average income tax rate of 27.7% for a single person without children. It's better for families with children, especially those with three or more children. Obviously, many other taxes must be added to the income tax. But, as we mentioned in the video, it is absolutely impossible to rank all the taxes of a country. Have a great day!
Its allways easy to complain over taxes but you cant run a contry without. Compairing as an example Denmark with USA the difference are huge. In Denmark education and hospitals are free. There are a social security system to help those in need. There are payed leaves for parents covering both men and females. There are 6 weeks for vacation for employed people. In USA the tax are lower than in Denmark (bt not that much), but the costs of education and the costs of insurances to cover healtcare makes it way more expensive to a US citicen than to a Dane. In fact the Danish system creates much better conditions and security for the general population than the US system.
The church tax of 8 or 9% in Germany is not directly calculated on income. So you don't pay 8 or 9% of your entire income. It is calculated on the basis of income tax and the church tax is calculated from this sum. But I have left the church. 😂 Maybe you said this and I haven't understand 😊The German tax laws are extremely complicated and sometimes total nonsense, especially for companies. If you eat in a restaurant, you pay 19% VAT. However, if you take the food home with you or have it delivered, 7% VAT (reduced rate) is due. If a hot drink in a café consists of more than 75% milk, 7% VAT will be added (staple foods have mostly 7%), otherwise 19% and so on and so forth. I had to struggle through this crap during my studies and am glad to have survived it somehow 😂 Excellent tax advisors are simply mandatory for companies, otherwise you will find yourself with one foot in jail (because even minor tax offenses are often punished ridiculously harshly) or you will pay too much taxes, because excellent tax advisors will find enough legal loopholes to avoid that.
Sadly i know what you are talking about , i am a single man without children from ........ Belgium This is theft , for me tax free day is at the end of September . That means that i work from January until almost October for the state , the rest of the year for myselve
Dat is onzin laat u toch niks wijsmaken, het is juist je betaald meer en dat vind ik ook niet juist maar om te zeggen dat je 9 maanden gratis werkt voor de staat is pure nonsens.
Well, if you go and live in US, you pay less tax, but much, much more for health insurance. It is always a choice... Pay taxes and have a social safety net, or not and gamble that nothing bad is going to happen to you. I personally don't want to live one car accident away for being broke the rest of my life..l
Hi!There might be a misunderstanding. The data you mentioned is the maximum income bracket, but in the video, we stated that Belgians see a maximum of 65% deducted from their salaries BETWEEN THE VARIOUS TAXES AND CONTRIBUTIONS. This data is available from various official sources, including EUROSTAT. You can search for their article titled "Where in Europe do people pay the highest taxes?". However, other sources also confirm this. On the other hand, if you ONLY consider income taxes, then, as you mentioned, the maximum bracket is 50% for those earning more than 46,440 euros. Have a great day!
@@AmazingEuropeChannel That's nonsense, believe me. I lived there for 60 years. Those who say that are liberals. You can look it up at the Federal Public Service Finance for Belgium, also for entrepreneurs, it also tells you how you can reduce your tax, but there are few people who deal with it other than most entrepreneurs themselves. Look, if they say in Germany that they are the most expensive, in the Netherlands they say that they are the most expensive, in Belgium they say that they are the most expensive and in France the same, then you already know enough. But you also know that there are There are many benefits to it, but they don't tell you that.
@@AmazingEuropeChannel Before I forget, if it was the 90s with Prime Minister Jean-Luc Dehaene, I could accept that figure of 65%, believe me. We paid taxes so that the shit came out of our pants. In certain family situations, your leave money only served to pay your taxes, so you had no income for a month if you have nothing saved.
Speak for yourself. The welfare system is still doing fine but there is room for improvement. It's about an inexpensive as it can get. I'm absolutely not very left-leaning so I truly don't get where you are coming from. Also, there are definitely things that needs fixing but throwing everything out is just going to create more problems than it will fix. We have a good framework so let's build on that. Of course no one enjoys paying taxes but you are framing the question in a disingenuous way. Based on our tax burden. We get at least as much if not more back, than countries that has a lower tax burden. This is the reasoning why we are fine with paying high taxes. Economically speaking it makes sense.
Like all people who work in public service. Police, nurses, teachers, NPO-people, ministeries, a lot of people in the art-sector, numerous foundations etc. All descently payed and good working conditions.
And you know what's even more ridiculous. In the Netherlands, everyone is supposed to be equal, but there's 1 family that is completely excempt from paying any taxes! It's the royal family, with all their billions. While more and more people need to rely on the food bank for survival. It's a disgrace!
@@peteroberman6680 Well, if teachers get paid less, you don't have to pay as much tax. My wife is a teacher though, so I don't endorse that. Why I do think that the Royal family is an exception because they are expected to serve the Netherlands for their whole life. A golden cage, as it were. They might have some priviliges, but on the other hand, they also don't have the same rights. For instance, they are not allowed to react on youtube-comments. They have a lot of money, but not completely free where to spend it. In short, no tax, but also not the freedoms you and I have.
Hi! Of course, everyone is free to express their opinion. However, we would like to clarify that we have only reported the official OECD data on the average amount that citizens of the various States pay in income tax and social security contributions. We then enriched the video with other information taken from EUROSTAT, Euronews and the main newspapers of the countries mentioned. If we have said inaccuracies, it is because our sources have done so (which, at least in theory, are recognized as among the most official in existence). Have a great day!
@@jenskrogsgaard923 I don't think it is BS as the numbers will undoubtably be true. What I miss in the video however, is what you get for your paid taxes. If you are a very well off American, the thought of these kind of tax percentages will make you shiver. On the other hand, there is also a correlation between high taxes and where those countries are on the World Happiness Index. The Scandinavian countries have high taxes, but are also consistent residents in the top 5 of that index.
These are the European countries ranked by income tax and social contributions. It would have been impossible to classify the nations considering all taxes, but we have provided information on other taxes as well. What is the situation in your country?
In Spain is average 40.2% of the salary that goes to taxes and social security contributions.
Is health insurance premiums and deductibles included?
Estonia: 8400 euros 0%, all over that regardless the number of salary - 20% (untaxed minimum lessens gradually from salary of 14,400 to 26,500 after which it disappears and 20% applies to all of salary. In 2025 the untaxed minimum will still be 0% and income tax over that will increase to 22% while 0% tax part remains untouched regardless of salary numbers, which will increase net numbers. Social tax of 33% (covering pensions, medical etc.) of employee's salary paid by employer. Tax collection system very effective, tax evasion minimal, corruption almost nonexistent. Tax revenues excellently seen in roads, schools, hospitals, service levels etc.).
How about capital gains tax at home and abroad ?
It’s a shame for a low waged country like Slovenia to impose second highest taxes + opaque explanation of tax provisions for capital gains tax with discriminatory loopholes against those who are disadvantaged in understanding the tax code and exemption laws . There’s little room for seeking justice as a non native speaker.
Namely second class citizens are always elbowed out of being fairly treated as equals
Belgian example : I retired at 65 and started the in the transport of handicapped people, a delicate and responsible job, certainly with children, ! I was earning 12 € per hour BUT the State took me back 48 % of all I was earning in this additional job I needed to survive. I stopped at 74 years old for health problems. A State taking 48 % of a retired person having a small additional job is a pure Slaverny-State that I deeply hate ! Certainly when you see what they do with our Taxes !
Hello, and thank you for sharing your valuable, albeit sad, experience! 😊 Have a great day!
The situation in Belgium is even a lot worse than mentioned here.
There is a whole range of hidden taxes which accumulate to a much higher percentage than mentioned in this presentation.
For instance you have employer contribution on wages which amounts to +/-10% of our gross monthly wages, which is not visible to the employee because it's paid directly by the employer to the government and not mentioned on the payment slip.
Than you have VAT of 21% on most things and 6% on food.
Taxes on interest of your savings.
Municipal tax on income.
Property tax.
Road tax.
Taxes which they call "accijnzen" on tabaco, liquor and petrol .......(in addition to the VAT) which can easily run over 100%.
For example: if you buy 175 grams of tobacco sold by Aldi in Belgium, you pay 59.5€. If you buy the same tobacco in an Aldi in Luxembourg you get 200 grams for 23.6€ .
The same product is 150% more expensive in Belgium than it is in Luxembourg and the difference is pure taxes.
You also have a tax on wast water which is hidden in the price of municipal water.
Provincial tax, municipal tax and tax for waste collection.
An extra tax for covering long term sickness.
Inheritance taxes, which can run up to 65%, depending on the relationship and the amount.
Pretty sure that I missed a few others.
I once made the mistake of calculating the total for my personal situation and concluded that 86% of my gross wages (including the employee contribution) ended up in government coffers and this didn't even include any taxes on savings, taxes on the sale of property or inheritance taxes.
Funny thing is that our government keeps complaining that labor cost in Belgium is too high to remain competitive and that our national debt is over 100% of our GDP ;-).
There are a number of possible tax deductions, like pension savings up to 990€/year, which can give you a tax deduction of 30%, but if you take up the capital of these savings, you're taxed again and these taxes can run up to more than 33% erasing all tax benefits you received earlier because its not just the capital you earlier deducted, but also the capital gains which are subject to taxation.
Simply depressing.
Then you know who to vote for on June 9 and will things change? No.
Taxes are not the problem, but spending on useless projects.
Ask an architect what the expenses are between a private project and the government, which is not normal and then you hear them say "it's just tax money". And it's not just here.
@@K0ga64 Problem is that the voting system is rigged in a way to ensure that no matter how you vote, you always end up with the same clowns.
The establishment parties will always try to maintain the status quo and due to the fragmentation of the political theater, none of the parties will ever be able to obtain a majority.
Finally you end up with a coalition of the establishment parties and all of them will block any party which wants serious reforms.
The only way this can be resolved is to abolish the mandatory voting.
@rogeroeyen Hi! Thank you for sharing these informations with the community. Have a great day! 😊
In Germany, don‘,t forget the taxes you have to pay for energy! The highest in Europe!
Hi! Thank you for sharing this information with the community. Have a great day! 😊
Salaries are taxed, there are taxes on on consumption with VAT , there are mega taxes on utilities, there are taxes on bank accounts…..
In Germany you dont pay 9 % of your income as church tax. You have to pay 9 % of your income tax. And that is a very big difference. i left church over 40 years ago, so i dont pay any church taxes.
Hi! Thank you for sharing this information with the community. Have a great day! 😊
It's far more complex. EU has extremely different economies with extremely different production and consumer prices.
It's almost impossible to compare Scandinavia to the south or east EU.
Hi! We completely agree with you! As we mentioned in the video, it's impossible to calculate the true tax burden of a nation, let alone compare it to others. That's why in this video, we decided to rank countries based on OECD data on income taxes and social contributions, and then provide additional information on other taxes for each country in the ranking. Have a great day!
Estonia: VAT 20% flat, income 20%(but 567eur free), social 33%(max 3000eur), companies tax NONE, various hidden taxes like fees for government service around 200eur, so if u dream of a regressive paradise .. dream on
add: average bank loan 1=1.42 eur, housing ~ 600, prices 120% of EU average, that said average income 1500 after tax(not accurate, 70% of ppl get a little above min 600-1000eur)
Hi! Thank you for sharing these informations with the community. Have a great day! 😊
Salary of 31.300 EUR is not taxed with 33 % income tax. You have to take into account that compulsory social contributions of 22,1 % are counted as income tax relief, then there is 5000 EUR of general income tax relief which reduces the income tax base to 19.382,70 EUR. Then, income tax is 16 % for first 8.755 EUR, and 26 % for rest. So, income tax is 4,164 EUR. Net income is 20.218,7 EUR. Total tax burden is 35,4 %.
It seem that whole video lacks the data on general income tax relief which is important information in calculating the tax burden.
I do miss Sweden in this comparison we have minimum tax rate at 38% (if you include social security cost aka payroll tax at 32%) our regular rate goes up to 50% so it totals around 84% if you add in church tax at 2% then we got a VAT of 25%. So I’m pretty sure Sweden is number 1 or 2 on this list. Sometimes Denmark has higher but these 2 are always in top.
Hi! Thank you for sharing this information with the community. The OECD reports an average income tax rate of 24.3%, both for individuals and single-income households with two children. taxsummaries.pwc.com and sweden.se report income tax brackets for 2024 that differ from those you provided. Have a great day! 😊
I am a Dane and I am happy to pay my taxes cause I get so much in return
strange to have forgotten France, world champion of taxes in OECD countries.
Hi! According to OECD data, France ranks fourteenth in Europe, with an average income tax rate of 27.7% for a single person without children. It's better for families with children, especially those with three or more children. Obviously, many other taxes must be added to the income tax. But, as we mentioned in the video, it is absolutely impossible to rank all the taxes of a country. Have a great day!
Its allways easy to complain over taxes but you cant run a contry without. Compairing as an example Denmark with USA the difference are huge. In Denmark education and hospitals are free. There are a social security system to help those in need. There are payed leaves for parents covering both men and females. There are 6 weeks for vacation for employed people.
In USA the tax are lower than in Denmark (bt not that much), but the costs of education and the costs of insurances to cover healtcare makes it way more expensive to a US citicen than to a Dane. In fact the Danish system creates much better conditions and security for the general population than the US system.
Hi! Thank you for sharing your valuable perspective! 😊 Have a great day!
The church tax of 8 or 9% in Germany is not directly calculated on income. So you don't pay 8 or 9% of your entire income. It is calculated on the basis of income tax and the church tax is calculated from this sum. But I have left the church. 😂 Maybe you said this and I haven't understand 😊The German tax laws are extremely complicated and sometimes total nonsense, especially for companies. If you eat in a restaurant, you pay 19% VAT. However, if you take the food home with you or have it delivered, 7% VAT (reduced rate) is due. If a hot drink in a café consists of more than 75% milk, 7% VAT will be added (staple foods have mostly 7%), otherwise 19% and so on and so forth. I had to struggle through this crap during my studies and am glad to have survived it somehow 😂 Excellent tax advisors are simply mandatory for companies, otherwise you will find yourself with one foot in jail (because even minor tax offenses are often punished ridiculously harshly) or you will pay too much taxes, because excellent tax advisors will find enough legal loopholes to avoid that.
Hi! Thank you for sharing these informations with the community. Have a great day! 😊
Yes !! Belguim #1 😅
Sadly i know what you are talking about , i am a single man without children from ........ Belgium
This is theft , for me tax free day is at the end of September .
That means that i work from January until almost October for the state , the rest of the year for myselve
Dat is onzin laat u toch niks wijsmaken, het is juist je betaald meer en dat vind ik ook niet juist maar om te zeggen dat je 9 maanden gratis werkt voor de staat is pure nonsens.
Well, if you go and live in US, you pay less tax, but much, much more for health insurance. It is always a choice... Pay taxes and have a social safety net, or not and gamble that nothing bad is going to happen to you. I personally don't want to live one car accident away for being broke the rest of my life..l
@pattersonpi3027 Hello, and thank you for sharing your valuable, albeit sad, experience! 😊 Have a great day!
Where is Croatia?
Belgium is not 65 but 50%, you talk a lot of shit.There is a whole system of taxes in the EU that you are apparently not familiar with.
Hi!There might be a misunderstanding. The data you mentioned is the maximum income bracket, but in the video, we stated that Belgians see a maximum of 65% deducted from their salaries BETWEEN THE VARIOUS TAXES AND CONTRIBUTIONS. This data is available from various official sources, including EUROSTAT. You can search for their article titled "Where in Europe do people pay the highest taxes?". However, other sources also confirm this. On the other hand, if you ONLY consider income taxes, then, as you mentioned, the maximum bracket is 50% for those earning more than 46,440 euros. Have a great day!
@@AmazingEuropeChannel That's nonsense, believe me. I lived there for 60 years. Those who say that are liberals. You can look it up at the Federal Public Service Finance for Belgium, also for entrepreneurs, it also tells you how you can reduce your tax, but there are few people who deal with it other than most entrepreneurs themselves.
Look, if they say in Germany that they are the most expensive, in the Netherlands they say that they are the most expensive, in Belgium they say that they are the most expensive and in France the same, then you already know enough. But you also know that there are There are many benefits to it, but they don't tell you that.
@@AmazingEuropeChannel Before I forget, if it was the 90s with Prime Minister Jean-Luc Dehaene, I could accept that figure of 65%, believe me. We paid taxes so that the shit came out of our pants.
In certain family situations, your leave money only served to pay your taxes, so you had no income for a month if you have nothing saved.
Danes do not love paying tax. That’s something social Democrats like to think. The Danish wellfare system is out of controll and has become a monster
Hi! Thank you for sharing your valuable perspective! 😊 Have a great day!
I am a Dane and I am happy to pay my taxes cause I get so much in return
Speak for yourself. The welfare system is still doing fine but there is room for improvement. It's about an inexpensive as it can get. I'm absolutely not very left-leaning so I truly don't get where you are coming from. Also, there are definitely things that needs fixing but throwing everything out is just going to create more problems than it will fix. We have a good framework so let's build on that. Of course no one enjoys paying taxes but you are framing the question in a disingenuous way. Based on our tax burden. We get at least as much if not more back, than countries that has a lower tax burden. This is the reasoning why we are fine with paying high taxes. Economically speaking it makes sense.
Our welfare system is pretty good. Name 3 other countries where its is better and cost less...
Like all people who work in public service. Police, nurses, teachers, NPO-people, ministeries, a lot of people in the art-sector, numerous foundations etc.
All descently payed and good working conditions.
Hi! Thank you for sharing your valuable perspective! 😊 Have a great day!
And you know what's even more ridiculous. In the Netherlands, everyone is supposed to be equal, but there's 1 family that is completely excempt from paying any taxes! It's the royal family, with all their billions. While more and more people need to rely on the food bank for survival. It's a disgrace!
Just one family that make the Netherlands suffer that much? . Let them pay taxes, people wil feel the difference rightaway.
@@fbabarbe430 The Royal family is paid by Dutch govt, so them paying taxes, is taxing tax payer's money.
@@vullings1968 i work ad eduation, where can i get my payed taxes back??
@@peteroberman6680 Well, if teachers get paid less, you don't have to pay as much tax. My wife is a teacher though, so I don't endorse that.
Why I do think that the Royal family is an exception because they are expected to serve the Netherlands for their whole life. A golden cage, as it were. They might have some priviliges, but on the other hand, they also don't have the same rights. For instance, they are not allowed to react on youtube-comments. They have a lot of money, but not completely free where to spend it. In short, no tax, but also not the freedoms you and I have.
@@vullings1968 my comment cost me dear
Complete BS video, don’t watch
This comment was brought to you by the tax authority.
Hi! Of course, everyone is free to express their opinion. However, we would like to clarify that we have only reported the official OECD data on the average amount that citizens of the various States pay in income tax and social security contributions. We then enriched the video with other information taken from EUROSTAT, Euronews and the main newspapers of the countries mentioned. If we have said inaccuracies, it is because our sources have done so (which, at least in theory, are recognized as among the most official in existence). Have a great day!
Still BS and very superficial
@@jenskrogsgaard923 I don't think it is BS as the numbers will undoubtably be true. What I miss in the video however, is what you get for your paid taxes.
If you are a very well off American, the thought of these kind of tax percentages will make you shiver. On the other hand, there is also a correlation between high taxes and where those countries are on the World Happiness Index. The Scandinavian countries have high taxes, but are also consistent residents in the top 5 of that index.
The higher the taxes the better!
Hi! Thank you for sharing your valuable perspective! 😊 Have a great day!
If you are a loser at the bottom stealing from people who built a business and are a success - sure it’s nice to be a POS Social Parasite
@@HaiteLibbiesYup. We have loads of those here in Sweden.
@@HaiteLibbies😅😅😅