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The top rate of tax is 68%, with the basic rate starting at 42%.

i love how they talk about all of the crap that the Danes get for "free"

it sure as hell isnt free when youre paying 68 cents out of every dollar
 
Originally posted by: CrazyPerson
actually, i wouldnt mind to live there
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me either, hell thier health care and social services alone make it worth the high taxes. if you add my health insurance to my taxes I'm hitting near 35-40% of paycheck right there.
 
In return for these high taxes, the Danes receive a wide range of governmental benefits, including free health care, free higher education and an extensive social services
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so, how is it free?
 
68% is not much worse than it is here if you think about it.

Denmark highest tax bracket 68%. But that includes health insurance, education and a lot of other things.

Here the highest tax bracket is what 35%?

Tax 35%
Social security tax 7.5%
Highest state income tax rate 9.5%

Thats 52% right there and then you have to include all the other taxes we pay here like property taxes, sales taxes, car taxes, tolls on roads, you get the picture.

Then to top that off health care and education is not included like it is in Denmark. And were looking pretty close to Denmark in taxes paid sans the services.
 
Originally posted by: lobadobadingdong
Originally posted by: CrazyPerson
actually, i wouldnt mind to live there
Click to expand...
me either, hell thier health care and social services alone make it worth the high taxes. if you add my health insurance to my taxes I'm hitting near 35-40% of paycheck right there.
Click to expand...

If that's true you need higher paying job.
 
Originally posted by: Citrix
In return for these high taxes, the Danes receive a wide range of governmental benefits, including free health care, free higher education and an extensive social services
Click to expand...

so, how is it free?
Click to expand...

Well, once they've taken all of your money. They could at least throw in free beer, couldn't they? 😕 I guess that might bankrupt them...
 
Originally posted by: miri
68% is not much worse than it is here if you think about it.

Denmark highest tax bracket 68%. But that includes health insurance, education and a lot of other things.

Here the highest tax bracket is what 35%?

Tax 35%
Social security tax 7.5%
Highest state income tax rate 9.5%

Thats 52% right there and then you have to include all the other taxes we pay here like property taxes, sales taxes, car taxes, tolls on roads, you get the picture.

Then to top that off health care and education is not included like it is in Denmark. And were looking pretty close to Denmark in taxes paid sans the services.
Click to expand...


35% is the tax rate before deductions. What it ends up at depends on how good the accountant is.
 
Originally posted by: everman
Originally posted by: Citrix
In return for these high taxes, the Danes receive a wide range of governmental benefits, including free health care, free higher education and an extensive social services
Click to expand...

so, how is it free?
Click to expand...

Well, once they've taken all of your money. They could at least throw in free beer, couldn't they? 😕 I guess that might bankrupt them...
Click to expand...

At least they're spending money on their own citizens. US just throws money away to other countries.
 
Originally posted by: jadinolf
Originally posted by: lobadobadingdong
Originally posted by: CrazyPerson
actually, i wouldnt mind to live there
Click to expand...
me either, hell thier health care and social services alone make it worth the high taxes. if you add my health insurance to my taxes I'm hitting near 35-40% of paycheck right there.
Click to expand...

If that's true you need higher paying job.
Click to expand...
that'd be nice, or cheaper health insurance.
 
Originally posted by: smc13
Originally posted by: miri
35% is the tax rate before deductions
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Whose to say Denmark doesnt have deductions to?
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I don't but I do know that the 68% tax is just their income tax. Here:

http://www.skat.dk/foreign/english/1856.html

It says that tax revenue is about 50% of GDP. In the US the number seems to be about 35%

http://www.cepr.net/Latin_American_taxes.htm

So the tax burden in denmark is 15% more.
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15% more tax burden for universal health care & post secondary sounds pretty good to me.
 
Yeah, they don't get stuff for free. WE(the U.S.) get stuff for free, or at least receive a heavy discount, as we currently don't pay as we go.
 
Originally posted by: miri
68% is not much worse than it is here if you think about it.

Denmark highest tax bracket 68%. But that includes health insurance, education and a lot of other things.

Here the highest tax bracket is what 35%?

Tax 35%
Social security tax 7.5%
Highest state income tax rate 9.5%

Thats 52% right there and then you have to include all the other taxes we pay here like property taxes, sales taxes, car taxes, tolls on roads, you get the picture.

Then to top that off health care and education is not included like it is in Denmark. And were looking pretty close to Denmark in taxes paid sans the services.
Click to expand...

You forgot health insurance, 'higher education', unemployment, retirement etc.

It's not all that much more than the average person here pays, if it is at all.
 
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