[pvdoom]

> 55% personal income tax rate?

That's not really correct. It is more like 36%. And also it is more complicated than that, as the more you earn the higher it gets, but it's roughly around 36%. The 55% is for example for secondary incomes, etc. what we call a B-kord

[tossandthrow]

Yes, 55% is the top of the tax progression.

People on B-kort still get their deductions (Just paid back after the fiscal year is done).

You pay the 55% on:

1. salary earned on the top of the progressions hierarchy

2. When you work anonymously (Ie. you need a CPR number to get you deductions)

At a salary of ~150k USD (DKK 1m) you would pay 40% in tax - not too far away from NY or SF.

[pvdoom]

My sister is in SF, and even though she nominally makes a little more than I do, I end up having much more disposable income, and can afford a lot more things, which is ... weird feeling