When we lived in Cal decades ago, taxes weren't all that much lower. Federal taxes and state taxes (higher) on a larger salary, lots of social security and other fiddly little taxes and 100-200/check for 20% of my health insurance. The only good thing about social security is that while you pay a more the benefits are larger 62+. I'm trying to remember, but like 25% for the feds, 8-10% for the state, 6% for social security and the health insurance. Call it high 40's or so, maybe 50%? Yeah, sales tax was lower vs. vat but I thought Cal had about the highest sales tax in the states?
It all depends on what the aggregate deductions that are outside your control sum to, and what you get for the money.
providing healthcare and education are costs easily overlooked by most americans. But the reality is, these are costs borne by americans as well. and likely at a higher rate: americans pay more per capitia on both of those versus most other nations.
The top marginal tax rate in 2024 (assessed 2025) was 50%. But that's not the total tax take - that's the marginal rate of tax for income above 48320 euro.
jleyank|1 month ago
It all depends on what the aggregate deductions that are outside your control sum to, and what you get for the money.
throw-the-towel|1 month ago
systemtest|1 month ago
On €100,000 a year you pay €57,512 in tax (58% tax). On €60,000 a year it's only €32,405 (54%).
See:
https://be.talent.com/tax-calculator?salary=100000&from=year...
https://be.talent.com/tax-calculator?salary=60000&from=year&...
joe_mamba|1 month ago
Are there EU countries where you pay more than 60% for you make the "no more than 60% tax" sound like such a good deal?
AFAIK 60% is pretty much the top end of income tax rates as far as EU goes.
FpUser|1 month ago
Is it possible to live middle class life on around 27K?
Gud|1 month ago
jpalawaga|1 month ago
phs318u|1 month ago
You can see the Belgian tax scale here:
https://fin.belgium.be/en/private-individuals/tax-return/inc...
BanAntiVaxxers|1 month ago
duskdozer|1 month ago