Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
I think what is meant is that employers have to pay 68% over net wages in social payments. That makes the effective rate 68/168 (or 40%).

In the long run, we're all dead. John Maynard Keynes
by Jerome a Paris (etg@eurotrib.com) on Tue Mar 20th, 2007 at 11:27:12 AM EST

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