Interview with Jeff Atwood, Co-Founder of Stack Overflow

Re:Interview with Jeff Atwood, Co-Founder of Stack Overflow by robocat on Wednesday January 22, 2025 @04:17PM (#42797616)

> Income tax ~40%

Actual or marginal?

Makes a big difference to your calcs. I worry when I see people quote their marginal rate because it shows a fundamental ignorance of finance. I know nothing about Germany, but in NZ top marginal rate is 39% and actual tax rate is below that.

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Re:Interview with Jeff Atwood, Co-Founder of Stack Overflow by jacobr1 on Wednesday January 22, 2025 @06:57PM (#42798892)

Depends on if you account for just tax, or tax, soli, social security, and given it is baveria - church tax.

Some back of the envelope calculations would put the effective rate for tax+soli+church at ~25%. Add another 20% for social security to make that 45%.

The marginal rate would be something like 42% tax + 5.5% soli * .42 + 8% church * .42 ~= 47%

The socials include pension+unemployment+healthcare+long-term-care

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