4 ms·

70%+ taxes, no thanks. I thought this was HN, not reddit...

• ChrisLTD 15y ago
  According to Wikipedia, the German and French personal tax rates are in the area of 50%: http://en.wikipedia.org/wiki/Tax_rates_around_the_world http://en.wikipedia.org/wiki/Tax_rates_around_the_world
  • rick888 15y ago
    This doesn't include VAT and increased taxes in other areas, so personal income tax might be 50%, but you are actually paying a much higher rate.
    • Confusion 15y ago
      You're making numbers up and don't actually know what the aggregate taxes for an average consumer in France, Germany and the US are.
      • rick888 15y ago
        ..and you are basing an individuals total tax rate based on income tax alone, which doesn't account for the many other taxes that someone has to pay. I suppose if you made money, didn't live in a house, and didn't spend your money in any way, your tax rate would be 50% in France. This just isn't the case for the average consumer.