Quote:
Originally Posted by Happy Times
What a middle income earning Finn pays from his every paycheck automatically. 
29% divided as follows.
54% Communal income tax
21% State income tax
14% Pension fee
4% Church tax (Yes they have the right to tax you if you belong to the Evangelical Lutheran Church of Finland.)
7% Unemployment fee and medical insurance fee.
After this comes the high VAT, gas tax, energy tax, car tax, property tax etc... |
interesting
., didn't know about the finnish system, I only know the swedish and a littlwe about the danish one. Though I assume that the income tax and VAT goes also towards pensions, medical and unemployment, otherwise I couldn't explain the huge difference to Germany in these areas.
Here it's about
:
37% in total, divided into (may not add up to 100 for rounding reasons):
37% income tax (federal + communal)
2% "Solidarity surcharge" (for East Germany - yes, still 20 years after the reunification
)
3.7% church charge
22.5% medical insurance
38% pension insurance
4% unemployment fee
3.5% fostering fee (for old people's care - not included in the medical)
VAT is 19% on most goods, 7% for some stuff, like groceries, train tickets or books
in the end we pay as much as the Finns, but get as much as the Americans - somehow in the worst of both (tax) worlds...