LemmyQuest@lemm.ee to Political Memes@lemmy.world · 3 months ago45%lemm.eeimagemessage-square36fedilinkarrow-up11arrow-down10
arrow-up11arrow-down1image45%lemm.eeLemmyQuest@lemm.ee to Political Memes@lemmy.world · 3 months agomessage-square36fedilink
minus-squareGodric@lemmy.worldlinkfedilinkarrow-up0·3 months agoYou should try meeting a Euro sometime, most of them are lovely people!
minus-squarejonne@infosec.publinkfedilinkarrow-up0·3 months agoI’m one of them, never got anywhere close to that effective tax rate.
minus-squareGodric@lemmy.worldlinkfedilinkarrow-up0·3 months agoGood for you, I’m very happy that you personally never had that
minus-squareTigrisMorte@kbin.sociallinkfedilinkarrow-up0·3 months agoSo you must be ecstatic that no one else did either.
minus-squareSkua@kbin.sociallinkfedilinkarrow-up0·3 months agoI think you’re missing what an “effective tax rate” is. If your country’s income tax is 0% on the first 10k, 10% on the next 10k, and 20% after that and you earn 40k, your effective tax rate is: 0 on the first 10k 1k on the next 10k 4k on the remaining 20k 5k total out of 40k = 12.5% effective tax rate The wiki page does not show that data.
You should try meeting a Euro sometime, most of them are lovely people!
I’m one of them, never got anywhere close to that effective tax rate.
Good for you, I’m very happy that you personally never had that
So you must be ecstatic that no one else did either.
I think you’re missing what an “effective tax rate” is. If your country’s income tax is 0% on the first 10k, 10% on the next 10k, and 20% after that and you earn 40k, your effective tax rate is:
The wiki page does not show that data.