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Are there other taxes as well? Local? Property?
by Upstate NY on Wed Mar 10th, 2010 at 09:27:40 AM EST
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The 30 % income tax is the local authority and county tax which finances schools, hospitals, child care and care for the elderly plus whatever mad projects the local pols want to waste taxpayer money on.

Add to this something like another 5 % tax above a certain income, and another 5 % on top of that. This tax goes to the central state.

Then there is a hidden tax called employers fee which is something like a third extra on top of the cumulative income taxes. It finances pensions and stuff like that IIRC.

And then there's the 25 % VAT, 30 % capital returns tax and the small property fee, the huge taxes on gasoline, tobacco, alcohol, power and so on which also finance the central government. Inheritance and wealth taxes have been abolished.

What the current government has done is essentialy increased the basic tax free income discount, which has resulted in radical income tax reductions for low and medium income earners, as a proprtion of their income tax receipt.

Peak oil is not an energy crisis. It is a liquid fuel crisis.

by Starvid (arvid.hallen at gmail.com) on Wed Mar 10th, 2010 at 11:29:44 AM EST
[ Parent ]

Tax rate on Y axis, monthly income on X axis. Green is income tax rates in 2006, red is 2009 without the tax cuts, blue is 2009 with the tax cuts.

One krona is 0.1 euros, so just split the incomes above by 10 to get it in euros.

The rates above is without the hidden employers fee tax, which increases the tax sum by 31.42 %.

Peak oil is not an energy crisis. It is a liquid fuel crisis.

by Starvid (arvid.hallen at gmail.com) on Wed Mar 10th, 2010 at 11:43:53 AM EST
[ Parent ]
Thanks for the info.

I just wanted to compare it to what we have in NY State.

by Upstate NY on Wed Mar 10th, 2010 at 12:00:39 PM EST
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