Social contributions can weigh as much as a third of the salary paid to an employee.
This list isn’t about European countries, it’s about EU countries.
Otherwise you’d see Norway and Switzerland at the top.
Seeing the tax difference in Sweden and Denmark and then realizing the Danes still rank higher than us in welfare and healthcare reviews…
I don’t wanna learn to speak gibberish but I am a bit envious.
off-topic: Why does every news-site require you to trust at least half a dozen third party domains to even see the interesting parts? Shared the stats here.
Needs PPP correction and adjustment for working hours per year.
Surprising, I thought the deal with the Nordics was that you trade some income for better social security, but apparently they didn’t (or alternatively they are just that rich, which definitely checks out for Norway). Though it’s a bit unclear how this is counted, as e.g. Germany’s social security isn’t paid via taxes but a system of heavily regulated insurance. Germany’s ranking looks like the people who made these graphs counted those social security contributions the same as taxes, though.
or alternatively they are just that rich
It’s this one. They do tax highly - not necessarily the highest, but up there - but they’re also ranked near the top of GDP per capita and labour productivity. Oil definitely does give Norway specifically an extra leg up, but the broader picture is similar across all of the Nordic countries (although I’m not so sure on the Faroe Islands, and Greenland is quite different)
Croatia should be on the list