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European countries differentiate between income tax and social tax. Health insurance is a social tax. There are other social taxes: pension tax, unemployment t
by genman 3y ago
European countries differentiate between income tax and social tax.
Health insurance is a social tax. There are other social taxes: pension tax, unemployment tax etc. Mostly these are fixed rate taxes (i.e. the tax rate is not income dependent). In some countries there is an upper bound on income that is taxed by social tax.
- msh 3y agoOnly some differentiate. In Denmark there is no separate social tax. It's all the same tax.
- genman 3y agoWrong: https://taxsummaries.pwc.com/denmark/individual/other-taxes https://taxsummaries.pwc.com/denmark/individual/other-taxes
- msh 3y agoATP is not a social tax. Its a pension fund. Also from that page: The Danish social security system is financed primarily through ordinary tax revenue and only very limited social security contributions for employees and employers.