2 ms·
Yes, 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 a
by rsj_hn 5y ago
Yes, 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).