Pooling and Sharing of wealth make everyone's wealth grow faster

Re:Pooling and Sharing of wealth make everyone's wealth grow... by jiofj on Saturday September 02, 2023 @05:00AM (#37359701)

Taxes on your salary, + VAT, + rest of taxes you pay for owning a car, a house, + taxes on petrol, etc amounts to at least half your salary in most European countries.

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Re:Pooling and Sharing of wealth make everyone's wealth grow... by vidarh on Saturday September 02, 2023 @05:33AM (#37359911)

In most European countries you'd have to earn far above average to approach that. Have a look at the tables in OECD's Taxing Wages publications. Having earned far above average in several European countries, I've never paid more than half, despite for part of the time earning 5x+ the national average.

That's not to say you can't. Some certainly do. And some countries are much higher. Belgium in the very significant outlier, with Germany not far behind.

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Re:Pooling and Sharing of wealth make everyone's wealth grow... by _0ffh on Saturday September 02, 2023 @05:08AM (#37359757)

Belgium and Germany are the worst, at about 70% total in taxes and dues.

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