Earlier quoted context omitted.
> Well, correct me if I'm wrong - but according to this random website I found in 5 seconds of googling: I will, because you are! Unfortunately, it's really easy because the German government applies a simple slight of hand. They call it a "gross employer contribution", which increases this band of income tax beyond the 45% you pay after the GEC. [1] It works like this: As your employer is paying your wage, amount X,…
I mean sure, but does that actually add up to over 50% of your income? Here in the UK it works exactly the same as you described, but the NI is 10% of your income - even if you are in the highest band for incomne tax(also 45%) you wouldn't get to 50% overall, maybe if you make millions a year that average would start getting close to 50% (and if you do, congrats!) And can I comment on the fact that Germany seems to b…
In the end 140k that employer pays result in less than 64k take-home salary. The real tax rate is around 54%. So, I can't verify what OP says about Germany but I can easily believe it.
You can see chatgpt calculations here (and they do match my experience): https://chatgpt.com/share/68e64456-020c-800b-8443-1a2726e9a3...