3 ms·

I recall income tax over 110%. It was author in scandinavian country. 70% is pretty normal if you count all compulsory insurances.

• oarsinsync 7y ago
  That seems unlikely. Work and earn 100, and owe the government 110; or dont work / earn 0, owe the government 0? Being net negative for productivity is literally counterproductive.
  • jankotek 7y ago
    https://skeptics.stackexchange.com/questions/15235/did-swedish-tax-rate-ever-exceed-100 https://skeptics.stackexchange.com/questions/15235/did-swedi...
    • jules 7y ago
      That's marginal tax rate. Many people pay an effective marginal tax rate of more than 100% if you include government programs like social housing. In fact, when you earn around €2200/month here, it is possible to end up with net less than if you don't work at all, due to various programs.
    • scott_s 7y ago
      The accepted answer explains why that is not a tax over 100%.