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eppur_se_muova

(36,257 posts)
Tue Feb 25, 2014, 05:13 PM Feb 2014

Which country has the highest tax rate? (BBC)

By Ben Carter
BBC News

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Tax rates do vary dramatically depending on which country you live in. The accountancy firm PricewaterhouseCoopers (PWC) has crunched the numbers for the G20 nations.

For each country, they calculated how much a high earner on a salary of $400,000 (£240,000) in 2013, with a mortgage of $1.2m (£750,000), would have left after all income tax rates and social security contributions.
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Most of us can only dream of earning a salary that would attract the top rate of tax, so what about ordinary earners?
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The statisticians at the Organisation for Economic Cooperation and Development (OECD) have done some analysis of average salaries.
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These tax rates apply to single people with no children, on an average salary for their country.
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more: http://www.bbc.co.uk/news/magazine-26327114




Short answer: It depends. More tables in the article.

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Which country has the highest tax rate? (BBC) (Original Post) eppur_se_muova Feb 2014 OP
, blkmusclmachine Feb 2014 #1
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