4 ms·
This may be true for some places but I can tell you with certainty that they are lower in Switzerland especially for lower incomes. Your Taxes are insane high
by sschueller 5y ago
This may be true for some places but I can tell you with certainty that they are lower in Switzerland especially for lower incomes.
Your Taxes are insane high for medium wage workers and practically non-existent for the wealthy. How is anyone ever supposed to climb the ladder like that?
- pedrosorio 5y ago> Your Taxes are insane high for medium wage workers A single person earning $200k in the state of Washington pays ~$52.5k in federal income tax and social security. An effective tax rate of 26%. Is that insanely high?
- aabaker99 5y agoYou may want to update your idea about what is a medium wage worker: https://www.statista.com/statistics/203183/percentage-distribution-of-household-income-in-the-us/ https://www.statista.com/statistics/203183/percentage-distri...
- pedrosorio 5y agoI am well aware $200k is nowhere near the median wage. The person I replied to wrote “How is anyone ever supposed to climb the ladder like that?”. Seeing as no one is “climbing the ladder” from earning a median wage their whole life, I looked at the tax rate for an “upper middle” wage salary (which anyone can earn even if their parents had 0 wealth). Since tax rates for a median salary are much lower than this, I am not sure how it contradicts my point.