4 ms·
You are right about the corporate tax, but for regular employees Sweden is one of the worst places to be in terms of taxes. Roughly half of the cost to the empl
by huckr 5y ago
You are right about the corporate tax, but for regular employees Sweden is one of the worst places to be in terms of taxes. Roughly half of the cost to the employer has to be paid in taxes (first withholding tax, then income tax). And then VAT, gas tax, alcohol tax, etc etc.
- rsj_hn 5y agoYes, I agree that the tax burden is heavy in Sweden. I'm pointing out that with a 25% VAT and a top bracket of $60K, that burden is not nearly as progressive as, say, the U.S., where brackets go from 10% for $10K to 37% for 523K (after deductions). Whereas in Sweden, you pay 32% at $1800 and then 52% at $60K and you stay at 52% (again, after deductions).