3 ms·
Income tax is actually very low. In many countries tax is masked various ways. For example there is 'social insurance' and 'health insurance' calculated from i
by qwerta 14y ago
Income tax is actually very low.
In many countries tax is masked various ways. For example there is 'social insurance' and 'health insurance' calculated from income and de-facto is income tax. Also your employer has to pay 'contributions' which also depends on your income.
Real income taxation in country like Germany is typically between 50% to 80% for any decent software developer.
- raverbashing 14y agoYou're right, several things can be considered 'income tax' even though not called that way. Didn't know that for Germany, interesting. I guess the point is: compare cost of life and take away salary rather than raw salary figures. Still, lower take away salary may be a handcap in attracting talent.