3 ms·
Not to mention the 42% paid in taxes every year, assuming the €100k is gross, not net. €58,000 seems like a low take-home, even with all the caveats you gave.
by j33zusjuice 4y ago
Not to mention the 42% paid in taxes every year, assuming the €100k is gross, not net. €58,000 seems like a low take-home, even with all the caveats you gave.
- throwaway908365 4y agoThis is not how taxes work. 42% is the marginal rate, not the effective rate.
- fxtentacle 4y agoThe actual tax rate with 2 kids and 2 adults out of which only 1 works and earns €100k is going to be 18% if you don't declare ANY deductions.