Tax season has finally come and gone, and by now most Americans have either gotten their refund or established a payment plan for taxes owed to the government. Here’s a nice thought experiment: go back and look at your tax return to figure out how much money the government claims through all forms of taxation. How does your own situation compare to the rest of the world?
Top 10 Countries with the Highest Net Wages
Switzerland: $58,864 after paying 16.9% in taxes
Luxembourg: $46,593 after paying 29.1% in taxes
Iceland: $45,390 after paying 28.7% in taxes
Korea: $44,892 after paying 14.5% in taxes
Netherlands: $43,835 after paying 30.4% in taxes
Australia: $41,655 after paying 24.4% in taxes
United Kingdom: $41,608 after paying 23.4% in taxes
Japan: $41,139 after paying 22.3% in taxes
Norway: $40,834 after paying 27.6% in taxes
United States: $39,211 after paying 26% in taxes
Read more: https://howmuch.net/articles/money-people-take-home-after-taxes