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A comment on TSMC eyes Germany as possible location for first Europe chip plant. Parent comment

Re:TSMC eyes Germany as possible location for first Europe c... by lentil_soup on Monday July 26, 2021 @07:15AM (#27958055)
According to [1] if you make 400k a year your employer has to pay 413k in total

[1] https://www.brutto-netto-rechner.info/gehalt/gehaltsrechner-...

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Re:TSMC eyes Germany as possible location for first Europe c... by qwytw on Monday July 26, 2021 @07:39AM (#27958217)
I assume they mean 400k net, if the employer pays 413k you only get 206k after tax. While the tax burden seems huge in this case, it's not that different in the US, though. For example you'd get around 225k in California (with no deductions).
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Re:TSMC eyes Germany as possible location for first Europe c... by FabHK on Monday July 26, 2021 @07:38AM (#27958206)
Yes, if you get 400k gross, your employer has to pay 413k, but you only get 221k net after deduction of taxes and obligatory insurances (according to that very same calculator).
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Re:TSMC eyes Germany as possible location for first Europe c... by datenarsch on Monday July 26, 2021 @07:34AM (#27958177)
no engineer makes 400k a year in Germany. This is not the US, sadly.
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Re:TSMC eyes Germany as possible location for first Europe c... by suction on Monday July 26, 2021 @09:52AM (#27959342)
"net" is the keyword here.
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Re:TSMC eyes Germany as possible location for first Europe c... by lentil_soup on Tuesday July 27, 2021 @06:21AM (#27970731)
sure, but that's an unfair comparison then, when people say they make 400k they mean before taxes
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