How much income tax do you pay?
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How much income tax do you pay?
I'm curious. I pay about 32% I think.
What is it like in the US and UK? And elsewhere?
What is it like in the US and UK? And elsewhere?

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Re: How much income tax do you pay?
20% after 7 large.
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Re: How much income tax do you pay?
What? 


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Re: How much income tax do you pay?
I'm in the bracket (currently) for 25%... in addition of course to paying out a goodly amount for my retirement/pension, Social Security, and health insurance...
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Re: How much income tax do you pay?
All of it
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Re: How much income tax do you pay?
28% to federal, then there is state, social security, insurance, etc. which all comes out around 40%, after my retirement fund I take home about 55% of what I make.
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Re: How much income tax do you pay?
For the last three years before I was unceremoniously dumped in April I was in the 'higher' tax bracket so some of my salary was taxed at 40%. It was a pain in the arse - after all I got the salary because I got the job and hopefully was good at it!
However I am a socialist at heart and actually I wasn't bothered for a moment. Fair and just in my view.
However I am a socialist at heart and actually I wasn't bothered for a moment. Fair and just in my view.
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Re: How much income tax do you pay?
Wow.. 55% left!rachelbean wrote:28% to federal, then there is state, social security, insurance, etc. which all comes out around 40%, after my retirement fund I take home about 55% of what I make.
Maybe it's not so different from Norway then. I think we have lower taxes in the north as a stimulus to encourage growth of the region. But I'm not sure how much higher the taxes are in the south (if they are). Maybe Eriku or someone can shed light on that.

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Re: How much income tax do you pay?
I pay little more than 20% if I remember correctly.
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Re: How much income tax do you pay?
borealis wrote:I pay little more than 20% if I remember correctly.


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Re: How much income tax do you pay?
I second this!normal wrote:borealis wrote:I pay little more than 20% if I remember correctly.

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Re: How much income tax do you pay?
I pay 20% plus National Insurance, I think.
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Re: How much income tax do you pay?
Excessive. 28% tax bracket, plus another 3.8% for FICA...
Re: How much income tax do you pay?
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Re: How much income tax do you pay?
Even if you do one day get a job, won't you have your moum fill out and pay your taxes for you?Devogay wrote:0

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