4 ms·
Heavily depends on where you are on the income curve. Also, I think a more apt comparison would be a more touristy place like florida which has no income tax a
by mrep 5y ago
Heavily depends on where you are on the income curve. Also, I think a more apt comparison would be a more touristy place like florida which has no income tax and relies more on tourism taxes.
As an example, a person making $100,000 would pay $22,754 in florida whereas someone in the netherlands making €86,176 would pay €32,989 in income taxes. Then you also need to factor in the 21% vat vs 6% sales tax. Also gas is $3.179 a gallon vs €7.158 a gallon. That's a pretty big tax difference!