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If it was only 30-35% to achieve this that would be great. Sweden has a ~55% marginal tax rate for everything over SEK 309,000 (approx 55k USD). 55k USD isn’t
by yardstick 5y ago
If it was only 30-35% to achieve this that would be great.
Sweden has a ~55% marginal tax rate for everything over SEK 309,000 (approx 55k USD).
55k USD isn’t much in most US tech companies.
- kwhitefoot 5y agoIt's a lot more than the US median salary though (31 kUSD). And 309 kSEK is roughly the arithmetic mean income in Sweden so most people are paying less than that marginal tax rate.
- yardstick 5y agoYes agree, but would disagree that most of the tax revenue comes from most of the people. Ie the top earners (1% or 10% or whatever) pay a significant portion of the tax take, well beyond their percentage of the population. I’m not making any judgment on if that’s right or wrong morally, just making the point that 35% isn’t the top tax rate for many but not most people.