why is switzerland not there but norway and iceland are
Because it wouldn't look good for the EU
Which European countries have the best salaries after taxes?
21–30 of 83 posts
Re: Which European countries have the best salaries after taxes?
#22Looking at salaries after tax is completely meaningless, what is even this article trying to infer. You have to take in to account the cost of living and also quality of services you get for it. France & Sweden is close in the numbers but France is notably cheaper to eat out and Healthcare quality can't even be compared (to French favor). But if you're wealthy you'd probably prefer Sweden still because of the low tax…
I don’t think it’s completely meaningless if you’re trying to save / invest. A smaller percentage of a larger salary is often more optimal than the reverse.
This is why for example working in a high COL city with a high salary is ultimately better; your 10% going to savings will be higher. It might not matter if you never leave the high COL city, but ceteris paribus I’d rather have a larger number in the bank account.
Re: Which European countries have the best salaries after taxes?
#23Re: Which European countries have the best salaries after taxes?
#24why is switzerland not there but norway and iceland are
I was wondering the same thing. The data comes from Eurostat, and Eurostat does generally cover Switzerland. There's even a row in the original table[1] but for some reason it's blank.
[1] https://ec.europa.eu/eurostat/databrowser/view/LC_LCI_LEV__c...
Re: Which European countries have the best salaries after taxes?
#25Even from a pure financial perspective, given one benefit of these countries is you generally actually get useful benefits out of your tax dollars unlike the USA, wouldn't a better way of looking at this be some sort of weighted metric? Imagine there's country A where i get a net salary of X and Y units of value out of my tax money. And country B where my net Salary is (X-M) and I get (Y+N) out of my tax money. Depen…
My thought as well. If you have a kid and one country offers free daycare and the other does not, you ought to also do the math on how much you would have to pay for that for example. Or lets say one country has dirt roads and no public wster system and the other has top noch public infrastructure. One is going to be cheaper for the state.
The truth is that the tax rste alone is utterly meaningless.
Because you know where you don't have to pay taxes? If you live as a hermit in a desert cave. But that also means you won't benefit from the society around you. If you ignoring culture and which countries style of living you prefer (a werod idea, but ok), wouldn't it be wise to consider both the tax rate and what kind of society and surrounding it offers you in return?
Re: Which European countries have the best salaries after taxes?
#26No UK? Last time I checked it was in Europe. I imagine it's right near the bottom...
Re: Which European countries have the best salaries after taxes?
#27Looking at salaries after tax is completely meaningless, what is even this article trying to infer. You have to take in to account the cost of living and also quality of services you get for it. France & Sweden is close in the numbers but France is notably cheaper to eat out and Healthcare quality can't even be compared (to French favor). But if you're wealthy you'd probably prefer Sweden still because of the low tax…
What exactly are the tax privileges for rich in Sweden? Because indeed in wealth inequality rankings they are next to Russia and USA.
Re: Which European countries have the best salaries after taxes?
#28why is switzerland not there but norway and iceland are
Belgium's not there either, and that's definitely in the EU.
Re: Which European countries have the best salaries after taxes?
#29The first chart is labeled "Hourly wage after taxes (€)" and links to a specific table in official Eurostat[0]. This Eurostat table is "Labour cost levels by NACE Rev. 2 activity" - afaict Eurostat defines[1] "labour cost" as:
core expenditure borne by employers for the purpose of employing staff. They include employee compensation, with wages and salaries in cash and in kind, employers' social security contributions and employment taxes regarded as labour costs minus any subsidies received, but not vocational training costs or other expenditure such as recruitment costs and spending on working clothes
In other words, this doesn't whatsoever represent "hourly wage after taxes" and this article is complete slop.
[0] https://ec.europa.eu/eurostat/databrowser/view/LC_LCI_LEV__c...
[1] https://ec.europa.eu/eurostat/cache/metadata/de/lc_lci_lev_e...
Re: Which European countries have the best salaries after taxes?
#30No UK? Last time I checked it was in Europe. I imagine it's right near the bottom...
The salaries in UK are fixed at 25k GBP annually forever in every industry.