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Sweden's effective tax rate is 37% on a salary of $100k (2012). UK is about 32%, US about 27% (all read from a graph) [1]. In Sweden this extra tax provides fr
by bjelkeman-again 11y ago
Sweden's effective tax rate is 37% on a salary of $100k (2012). UK is about 32%, US about 27% (all read from a graph) [1].
In Sweden this extra tax provides free schooling up to and including university (you even get paid going to higher education US$300+/month in grants), low cost health care with a cost ceiling (US$130/year), affordable child care, social security net, local government owned and (well) managed infrastructure (power, water, fibre, roads, etc.)
Our local government is funded through direct taxation. My local government tax rate is 30.2%.
Not sure it tells the whole story though. VAT is not included in effective tax rate AFAIK (as defined in the Economist article).
[1] http://www.economist.com/blogs/graphicdetail/2012/10/focus-4 http://www.economist.com/blogs/graphicdetail/2012/10/focus-4