Taxation is theft, Finland ranks #1 with highest income tax rate in the world. #socialism
(media.communities.win)
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I'm curious how they got these numbers cause I see Portugal at 48% but since I deal with minimum wage and workers that are also owners the value I'd get is around 35% so if we take into account the average of everyone, and workers who don't own their own business then 48% seems achievable but I'd like to see the math.
Fun fact the minimum wage worker will only see 11% tax on his salary even though the number is so much higher (I expect the same thing happens in other places).
I assume these are the top tax bracket numbers
Bingo, you pay less if you earn less.
The trick is to simply not work all days of the week, 12 hours per day and skip vacation. Do your 8 hour shifts, Monday to Friday and take 6 weeks vacation to enjoy life. You're not gonna earn much more for working more anyway.
Well usually it's tiered so you pay a lower rate on the first $50k or whatever, but then for every dollar between $50k - $75k you pay a slightly higher rate, and so on.
So while it's technically true that earning less = paying less, that doesn't lead to you having more money in your pocket.
Correct, it just means it's not really wort working overtime.