3 ms·
Not necessarily — to give you an example of the variation, the marginal income tax rate in the Canton of Vaud is 26%, while the marginal income tax rate in Zug
by bhupy 7y ago
Not necessarily — to give you an example of the variation, the marginal income tax rate in the Canton of Vaud is 26%, while the marginal income tax rate in Zug is 10%[1]. The Federal marginal tax rate is 9%. That means that if you earn 500,000 CHF and live in Zug, your net top marginal tax rate would be approximately 19%, while in Vaud it would be approx 34%. A 78% difference.
This is a level of variation that surpasses even the US. While Texas doesn't have an income tax, the net marginal tax rate for a Texan is 37%, while the net marginal tax rate for a Californian is 50.3%, or a more modest 36%, and that's the most extreme in our Union.
[1] https://en.wikipedia.org/wiki/Taxation_in_Switzerland#Income_tax https://en.wikipedia.org/wiki/Taxation_in_Switzerland#Income...