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Fascinating. Wondering what their tax rates look like...

• jafingi 11y ago
  VAT is 25%. And the tax is depending on your income. It's from about 40-51%. However, living in Denmark I've got multiple things in return: - Free health care - Free schools and university (got my computer science degree for free. Only had to pay for the books). - You get paid about $1000/month while studying to cover apartment rentals etc. - If you loose your job, you will still get paid by the state to continue living :-) When having got your education, and you might think that it's crazy to pay so much in taxes of your income, but remember what you've got for free to get there :-) However, I think the whole tax-system needs an overhaul. For example there is a 180% tax on cars (+25% VAT). So many people are driving in unsafe, fuel-consuming cars. Lowering the tax on cars could lead to roads with safer and more fuel-efficient cars. Electric cars have been tax-free the past years, but it looks like it's going to change in 2016. AND electricity is expensive by the end-users. The electricity itself is cheap, but when I buy electricity for 200 DKK, I have to pay about 800 DKK in taxes. https://en.wikipedia.org/wiki/Taxation_in_Denmark https://en.wikipedia.org/wiki/Taxation_in_Denmark
  • dylanjermiah 11y ago
    When ~half your income is getting taken, it is most definitely not 'free'.