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In my city, the tax for a married person with 3 underage children earning €3k a month, the base tax without reductions is 27.85%. It can't be close to 50% in Germany for the same sum, their taxes shouldn't be higher than ours.
You forgot the employer contribution, which will be about €700. Hence the base tax rate is 42%, not 27.85%.
It is funny how governments can fool their own people, into thinking taxes are lower than they are, by making employers pay their income tax.
You're an idiot for saying it's despicable to almost have my wife become a victim of a pick pocket....especially when she stopped the thief but even if she didn't...whatever, I'll not respond to fools and idiots that have proven themselves to be thus henceforth...adios.
All of your problems begin and end with the person you see in the mirror.
Lol no, the despicable bit is the act of pickpocketing, not being victim of it.
Like I said, you live on a bubble. So much so that even after travelling 12 countries and 5 continents, you get surprised by an attempted pickpocket. Someone who keeps remarking on how well traveled they are would know that foreigners attract their attention. But I guess some people are bound to never learn a thing.
P.S.: Someone your age should know better than insult. Don't they teach retirees any manners?
Last edited by Arigarisha; 03-06-2016 at 06:30 AM..
You forgot the employer contribution, which will be about €700. Hence the base tax rate is 42%, not 27.85%.
It is funny how governments can fool their own people, into thinking taxes are lower than they are, by making employers pay their income tax.
I live in Finland, not Germany. We don't have additional employer contribution. Here you pay 27.85% and that's it.
Quote:
Originally Posted by Arigarisha
Lol no, the despicable bit is the act of pickpocketing, not being victim of it.
Like I said, you live on a bubble. So much so that even after travelling 12 countries and 5 continents, you get surprised by an attempted pickpocket. Someone who keeps remarking on how well traveled they are would know that foreigners attract their attention. But I guess some people are bound to never learn a thing.
P.S.: Someone your age should know better than insult. Don't they teach retirees any manners?
I got pickpocketed here in Turku. IN MY OWN COUNTRY! Ok, the perpetrators were foreigners and probably never caught, but I didn't start to hate on my residence city.
I live in Finland, not Germany. We don't have additional employer contribution. Here you pay 27.85% and that's it.
I know you live in Finland. You should probably learn a little bit more about your own tax system.
Quote:
The mandatory pension fees are paid directly to the pension insurance company selected by the employer or entrepreneur. The pension fees total 23% of the gross income (2011), usually 4.7% is deducted from gross income and the rest of the 23% is paid by the employer in addition to the gross income.
Ah, yes. That is included in the 27.85%, I added it already (equals 1.15%, and the pension fee is 5.70%). The base income tax is 21% in this scenario.
21 base tax + 5.7 pension fee + 1.15 is equal to 27.85, so I am going to assume that is your calculation.
In this calculation, you are forgetting the employer contribution.
Quote:
The employer’s mandatory social security contributions range from 21% to 24% of gross salary. For example, for an employee with 3000€ salary, the statutory employer contributions amount to 671€ on top of gross salary. They include:
Well, if we include education, health care and pensions, then the total becomes 26.8% of GDP. So what the heck is the remaining 20% spent on? Don't say police or military, because we know very well that Germany spend almost nothing on that.
Public spending: 44%
Social benefits: 29.2%
Staff expenditures for public employees: 7.6%
Interest spending: 2%
Remain about 5% for all other expenditures. Construction and upkeep of roads and public buildings, subsidies, forein aid, purchases, armaments, R&D
The 7.6% for staff expenditures for public employees seems to be one of the lowest in the developed world.
I think it looks quite good. Public spending is with 44% relatively low, but the welfare system is quite ok. I don't have the impression that the government wasted too much money, at least not compared to other countries. But that doesn't mean that there is no room for improvements. I'm always for efficiency enhancements.
I would want to look a little bit closer at the 29.2% in social benefits. That sounds very high.
Yes, I'm also a little bit curious about this number. OECD figures show something about 25-26%. Maybe I can find a breakdown of these €849.2bn social spendings.
The 29% seems correct, they refer to figures from OECD and Eurostat. But if I browse the data at Eurostat I get these figures (for 2014):
Public spendings: 44.3%
Administration: 6.3%
Defence: 1.0%
Public policy: 1.6%
Economic affairs: 3.3%
Environmental protection: 0.6%
Housing: 0.4%
Health care: 7.2%
Culture: 0.8%
Education: 4.3%
Social security: 18.8%
That would lead to social spendings of 26%.
I don't know why there are differences in those figures. Maybe the 29% also includes tax reductions. For example from a certain amount of income it's better to opt for "Kinderfreibetrag" instead of "Kindergeld".
EDIT: I also found the 29% figure at Eurostat, but I think these figure includes some private spendings for social security. So I think the 26% is more accurate.
Last edited by lukas1973; 03-06-2016 at 01:41 PM..
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