Income tax rates vary hugely between countries and depend highly on
other factors like earnings, marital status and so on. Where in the
world do people pay the highest slice of their earnings to the tax man?
According to the OECD, a single person on an average salary without
children will have the highest income tax rate in Belgium – some 42.8
percent of his or her earnings.
Germany isn’t too far behind – single workers in Europe’s economic powerhouse will have to hand over just under 40 percent of their wages to the tax man. Neighboring Denmark comes in third with 38.9 percent. In the United States, income tax and social security contributions are far lower for a single worker without kids – just 22.7 percent.
Germany isn’t too far behind – single workers in Europe’s economic powerhouse will have to hand over just under 40 percent of their wages to the tax man. Neighboring Denmark comes in third with 38.9 percent. In the United States, income tax and social security contributions are far lower for a single worker without kids – just 22.7 percent.
*Click below to enlarge (charted by Statista)
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