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Don't forget VAT is double. Property tax is higher. Employment tax (paid by employer, not part of gross pay) is a lot higher. I always feel like tax should be
by candiodari 8y ago
Don't forget VAT is double. Property tax is higher. Employment tax (paid by employer, not part of gross pay) is a lot higher.
I always feel like tax should be measured in "if my employer pays 100 extra, how much more can I give another company for a good/service".
I don't know about US but for Germany the answer is between 25 and 40 depending on how low your income is and what your family situation is.
- iguy 8y agoRight, this is a good measure. The national-level one is just proportion of GDP spent by the government, however they collect it, and IIRC the figures are about 25% in the US, vs. about 45-50% in Germany.