US Workers Are Highly Taxed If You Count Premiums

Re:US Workers Are Highly Taxed If You Count Premiums by gwright on Monday April 08, 2019 @07:18PM (#19610111)

> Also, only 7.5% comes out of your paycheck, the employer pays the other half

This just means that paychecks are 7.5% lower then they would otherwise be. It is a mistake to think that the employer paid benefits are "free". The market adjusts. You find that out right quick of you are self-employed (at least in the US).

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Re:US Workers Are Highly Taxed If You Count Premiums by pgeorgi on Tuesday April 09, 2019 @01:48AM (#19612137)

The difference is that the other 7.5% (plus a few more such line items) don't appear in your progressive tax rate, and they also don't appear in "how much do you earn in country X" comparisons.

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Re:US Workers Are Highly Taxed If You Count Premiums by testis321 on Tuesday April 09, 2019 @05:29AM (#19613015)

In most countries, even the first 7.5% don't apear in your tax rate.

But still, if you count everything together, for a 2keur net paycheck you have to charge your customers 4.8k in my country (slovenia), and the government takes 2.8k (social benefits, pension, health, income tax and VAT). Say what you want, but 4.8k->2k is a huge amount of taxes.

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