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> the tax on a median taxpayer is not just "middling", it's a bit over a third of what a median German taxpayer is paying Could you put the actual numbers in f
by pjc50 10mo ago
> the tax on a median taxpayer is not just "middling", it's a bit over a third of what a median German taxpayer is paying
Could you put the actual numbers in for that please, because to me that implies German tax rates of 120%? Is that across all forms of taxation, including local (the relevant one here!)
- dgroshev 10mo agoApologies, brain glitch: it's half, not third. Also, I'm talking about the effective tax rate, not the marginal tax rate. Here are the numbers: Median salary of a full time employee in the UK in 2023 (to match the German source): £34,963 [1] Take home on that salary (after income tax and NI): £28,692 [2] Effective tax rate on a median salary in the UK: ~18% Median salary of a full time employee in Germany: €4,479 pm [3] or €53,748 per year Take home: €34,281 [4] Effective tax rate on a median salary in Germany: ~36% Tax _rates_ are not that different, but the previous British governments really ramped up the tax-free allowance, which significantly reduces the effective tax rate. [1]: https://www.ons.gov.uk/employmentandlabourmarket/peopleinwork/earningsandworkinghours/bulletins/annualsurveyofhoursandearnings/2023 https://www.ons.gov.uk/employmentandlabourmarket/peopleinwor... [2]: https://www.thesalarycalculator.co.uk/salary.php https://www.thesalarycalculator.co.uk/salary.php [3]: https://www.destatis.de/EN/Themes/Labour/Earnings/Earnings-Earnings-Differences/Tables/liste-average-gross-monthly-earnings.html https://www.destatis.de/EN/Themes/Labour/Earnings/Earnings-E... [4]: https://salaryaftertax.com/de/salary-calculator https://salaryaftertax.com/de/salary-calculator