4 ms·
In the 1970s, Sweden briefly had a glitch in the tax system where the self-employed paid 20% plus income taxes of up to 87%, for a net of 107% if you were self-
by jpatokal 12y ago
In the 1970s, Sweden briefly had a glitch in the tax system where the self-employed paid 20% plus income taxes of up to 87%, for a net of 107% if you were self-employed, filthy rich and stupid enough to declare it in Sweden -- not a common combo (rest assured the IKEA or Tetra-Pak guys weren't paying 107%!). But this was not the intention, and it was long since fixed.
http://boards.straightdope.com/sdmb/showthread.php?t=304500 http://boards.straightdope.com/sdmb/showthread.php?t=304500