$1 Million Salary After Taxes in 10 European Countries (Compilation)
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- Опубликовано: 22 окт 2022
- Income tax rates compared across 10 countries in Europe including:
- Liechtenstein
- Romania
- Luxembourg
- Italy
- Hungary
- Slovenia
- Stockholm, Sweden
- Ireland
- Portugal
- Belgium
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In Germany as a single with church tax it would be the equivalent of 49.9% and married 47.9%, but: there are a total of six tax classes, then allowances for children, hundreds of health insurance companies with slightly different contribution rates....it is incredibly complicated in our country.
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The Belgium tax rates are pretty deceptive, because there are a decent amount of tax exempt benefits people get most of the time (a car, eco cheques, foodcheques etc.)
Dear Belgium, please inform me on where do those taxes go? 61%%%
to mohammed and his 5 kids
@@spurdosparde430 as an american ... I feel your pain 😆
Will there be a comparison between California and Zurich?
In Poland you would pay 19% if this is capital gain - not a salary.
That first country was cool 😂
Romania’s health care and pension was ridiculous!
it's not calculated correctly
Sir please make a video on Arkansas. How does it look like after taxes in Arkansas for 100k please 🙏
You're videos are so obsessed by tax but don't show the benefits that high tax economy's provide. Are you ever gonna do a vid on the cash an average household might save with free healthcare, prenatal care, heavy state investment in public transport and public emenities, state ran entities driving down the cost of transport or housing etc??? It's really only half the picture you are showing.
Appreciate the feedback! That's a really good future video idea 🤝
Impossible to do what you say. All European states and the US invest in public infrastructure. All the states have a welfare system of some kind and they all vary, So for example in the US they pay lower taxes and healthcare is provided via private insurance, almost always paid by their employers. In Europe it varies enormously - in the UK it's free for everyone at point of usage with no further payment. In France and. many European nations you have to pay and reclaim from your health insurance, but you have to pay part of it yourself. Comparisons across different countries are almost impossible,
@@dnmurphy48
You might approach it like "what your taxes get you in Norway vs the US".
This might change in individual situation greatly such as if you are sick or have a disability, if you want to work self employed or if you want to go to college (college was free in my country), if you want to drive (the US is car centric with cheaper vehicles, fuel and tax) or if you want a public transport model (this saves fuel and affects city planning).
One way to tackle researching a video like this would be to look as use cases in both countries like 20 year old single person on minimum wage, 30 year old couple starting a family, retiree etc.
Another way to do it would be to look at happiness or performance indexes. To rate difference health services and compare them to each other is tricky but not impossible. Germany's health service is clearly miles better than my own (Ireland) and there are healthcare rankings out there.
Half salary goes to them . Are we going for them . This is worse
Please do North Macedonia
what a joke
yep.. it's crazy
pls do 1m UK
at 1m you pay 45% income tax. You also lose the tax free allowance (12,750 at the moment), There are no further health or other social security charges.
Please don't it will be depressing
uk