3 ms·
And making them work more than 40h a week would be illegal. And if you work that much because you have two jobs, you're going to make as much as engineers, even
by paddim8 3y ago
And making them work more than 40h a week would be illegal. And if you work that much because you have two jobs, you're going to make as much as engineers, even as a cleaner.
- atom058 3y agoThe marginal tax rate is going to be quite a deterrent when you're working two jobs. 55%, and then an additional 25% VAT, and you're at about 67% tax. In Sweden, it's difficult to get rich through salaried work. Startups, inheritance, and housing are the only avenues. As an example, during the 'housing bubble' years, there were some buzz around people earning more from the appreciation on their house than they did from work. With that said, Sweden has a high dollar-millionaires-per-capita. When you already have money, Sweden is almost a tax haven. But they pulled up the ladder behind them for most of the population.
- DanielHB 3y agoyeah, to the point it feels like it is by design. From the gov point of view more companies == more growth for the economy as a whole. They don't want a high income working class, that is bad for business
- paddim8 3y agoThat's extremely misleading. The tax in practice for the average person is 20-30%. The employer pays some more, but they do that in the US too for eg. health insurance.