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Which European countries have the best salaries after taxes?

euronews.com

61–70 of 83 posts

Re: Which European countries have the best salaries after taxes?

#61
post #29

The 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…

This should be the top comment and shame on Euronews for the slop!

Re: Which European countries have the best salaries after taxes?

#62

No UK? Last time I checked it was in Europe. I imagine it's right near the bottom...

The choice of countries seems arbitrary. I thought the list was limited to EU nations, but Iceland and Norway are there. Then I thought it was EFTA countries, but Switzerland is missing. Then noted Belgium is also missing... I give up!

Re: Which European countries have the best salaries after taxes?

#63
post #7

If you decide to live in Iceland instead of France (for example) for the tax benefits, you get exactly what you deserve

Surely the climate and the solitude would be too much for someone from the Mediterranean, for example.

[dead]

Re: Which European countries have the best salaries after taxes?

#64

Looking 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…

Vacation is also never mentioned in those discussions or comparisons. 10 days in the US vs. 20-30 (+ 8-14 public holidays, depending on the state) in Germany is much more important for _me_ than the net income. https://en.wikipedia.org/wiki/List_of_minimum_annual_leave_b...

Can't you take days off without pay in the US? The numbers that usually come up are twice the income compared to France. Taking 20 more days off without pay means losing a month of salary, which doesn't come close to making up the difference.

Re: Which European countries have the best salaries after taxes?

#65
post #49

Earlier quoted context omitted.

"everyone has the same rules" and "no special privileges" seems disingenuous to say. In both directions! Progressive tax codes are "the same" for "everyone", but obviously will mean the rich pay more. Now you can argue that's unfair or that it's extremely fair, but it's at least different!

But there is no progressive tax in this account. It is a percentage of what you have in the account. Same percentage for everyone. It's just that starting in 2026 they decided to make it tax free for the first 300000 SEK (about 30000 USD) you have in this account.

That's literally a progressive tax.

Re: Which European countries have the best salaries after taxes?

#66

Earlier quoted context omitted.

If you click the link to Eurostat in the article, you can see the numbers are "Wages and salaries (total)". So yes, that's the cost to the employer, which is much higher than the employees net income.

The median salary is around 48k in the Netherlands. That's 4k gross per month, no company is paying 5 to 6k of charges per employee per month.

I don't know the exact situation in the Netherlands, but if it's anything like in Belgium the employer pays taxes on top of the employee's gross income. The total cost to the employer is therefore significantly higher than what the employee gets, even gross.

Re: Which European countries have the best salaries after taxes?

#67

Earlier quoted context omitted.

The median salary is around 48k in the Netherlands. That's 4k gross per month, no company is paying 5 to 6k of charges per employee per month.

I don't know the exact situation in the Netherlands, but if it's anything like in Belgium the employer pays taxes on top of the employee's gross income. The total cost to the employer is therefore significantly higher than what the employee gets, even gross.

Employers pay taxes, but this calculator puts it as roughly 14k€ of costs for a 100k€ gross salary for the employee (Compared to 44k€ of costs in Belgium, which is why I left)

https://www.deel.com/employee-cost-calculator/

Re: Which European countries have the best salaries after taxes?

#68

Earlier quoted context omitted.

What exactly are the tax privileges for rich in Sweden? Because indeed in wealth inequality rankings they are next to Russia and USA.

We have no wealth tax, no inheritance tax. If most of your income is a salary, the tax burden is high, but if you're living off investments, properties or generational funds, it's quite advantageous.

In Sweden, you can choose to have your investments in an ISK or KF, which effectively allows you to choose whether you want CGT or wealth tax, for public investments.

The current ISK tax is about 3x that of a low tax canton.

Re: Which European countries have the best salaries after taxes?

#69
These numbers can get wonky fast. E.g. devs salaries in Ukraine are pegged to the dollar, so they get free raises as the exchange rates plummet. At the same time the cost of living in Ukraine was low before the war and only got lower. Oh and taxes are pretty low in Ukraine.

So I'm pretty sure Ukranian devs will end up with one of the top salary rates in all of Ukraine, but the externalities of that are large.

Re: Which European countries have the best salaries after taxes?

#70
post #69

These numbers can get wonky fast. E.g. devs salaries in Ukraine are pegged to the dollar, so they get free raises as the exchange rates plummet. At the same time the cost of living in Ukraine was low before the war and only got lower. Oh and taxes are pretty low in Ukraine. So I'm pretty sure Ukranian devs will end up with one of the top salary rates in all of Ukraine, but the externalities of that are large.

I'd call "getting conscripted into joining a fucking war" a rather large externality!
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