> The effective tax rate in Norway is around 45% BTW.
But I believe your employer pays an amount equal to about 20% of your gross income as pension fund payments. I don't know if USA has similar "hidden" costs which makes direct comparison of grass salary difficult.
Re:Amazon Dash Button
by kristofferR on Tuesday March 31, 2015 @08:30PM
(#9300825)
The maximum payroll tax in Norway is 14.1%. From a quick google it seems like the rates are about the same in the US:
"making the total Social Security tax 12.4% of wages and the total Medicare tax 2.9%."
http://en.wikipedia.org/wiki/Federal_Insurance_Contributions...
The max personal tax rate is 47.2%, but that includes a 8.2% pension contribution.
http://en.wikipedia.org/wiki/List_of_countries_by_tax_rates
It's hard to directly compare though, since we have really high excise taxes/VAT, especially for things like cars.