LemmyQuest
Yeah, I’d like to meet someone that has an effective tax rate of 45%.
GodricYou 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.
You should try meeting a Euro sometime, most of them are lovely people!
Also, look at this, and see all the people you might meet:
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:
- 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.