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To clarify, 42% of every euro earned above 57919€. Weighted average tax rate is still "just" 27% when earning 100.000€
by beberlei 4y ago
To clarify, 42% of every euro earned above 57919€. Weighted average tax rate is still "just" 27% when earning 100.000€
- tormeh 4y agoDepends if you count the cost of statutory health insurance as a de-facto tax, in which case it's closer to 40% again. There's a bit more nuance to this (there's a contribution cap), but if you ever read that taxes in Germany are lower than 40% odds are the speaker is leaving out health insurance. Aside: The neat thing with the statutory health insurance is of course that they have to pay for your treatment, no matter how fucked up your situation is or how little money you have - but if you're healthy and well-paid it's poor value.
- beberlei 4y agoParent was talking about 42% tax rate, so taxes only. Yes you get deducted more for social services, health insurance, pensions and unemployment insurance push this up to 46% going to the government services when you earn 100k.