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How Many Months Of Your Salary Disappear In Taxes?  
User currently offline707CMF From France, joined Mar 2002, 4885 posts, RR: 29
Posted (9 years 6 months 3 weeks 18 hours ago) and read 1875 times:

I have tried to calculate it, and gosh, it is a lot.

The difference between my gross and net salary is about 20%, which means my net salary is 80% of the gross.

Of those 80%, I pay about 16% of taxes, so what I get to 'keep' is about 67% of my gross salary.

Basically said, I work 12 months of the year, and the State gets back four of these months (and let us not talk about the VAT, fuel taxes, council taxes...)

So. For those of you who are working, how many months of your salary go back to the state ?

Cheers,

707

14 replies: All unread, jump to last
 
User currently offlineUTA_flyinghigh From Tunisia, joined Oct 2001, 6495 posts, RR: 50
Reply 1, posted (9 years 6 months 3 weeks 17 hours ago) and read 1857 times:

Four months ! Bwahahahahahaha !
The state is lucky if it gets one month out of me  Big grin

UTA, with offshore bank accounts



Fly to live, live to fly - Air France/KLM Flying Blue Platinum, BMI Diamond Club Gold, Emirates Skywards
User currently offlineLevent From France, joined Sep 2004, 1718 posts, RR: 5
Reply 2, posted (9 years 6 months 3 weeks 16 hours ago) and read 1848 times:

Officially, the Kingdom of Spain would get about 24% (or 3 months) of my salary... that´s officially though  Smile/happy/getting dizzy

User currently offlineKay From France, joined Mar 2002, 1884 posts, RR: 3
Reply 3, posted (9 years 6 months 3 weeks 16 hours ago) and read 1836 times:

In Austria, slightly less than 40% of the price of a new car is taxes.

The socialist origins of these countries partially explain the taxes...
In the US, salaries are taxed, but I remember the progressive tax system still being slightly better.


User currently offlineAir2gxs From , joined Dec 1969, posts, RR:
Reply 4, posted (9 years 6 months 3 weeks 14 hours ago) and read 1821 times:

It takes me until the middle of March to pay my taxes to the federal government. I also pay 8.25% on the purchase price on everything I buy except groceries. That money goes to the state and local governments.

User currently offlineUTA_flyinghigh From Tunisia, joined Oct 2001, 6495 posts, RR: 50
Reply 5, posted (9 years 6 months 3 weeks 14 hours ago) and read 1810 times:

In Eire VAT is 21.6% !!! Rhaa !

UTA



Fly to live, live to fly - Air France/KLM Flying Blue Platinum, BMI Diamond Club Gold, Emirates Skywards
User currently offlineSuperfly From Thailand, joined May 2000, 39854 posts, RR: 74
Reply 6, posted (9 years 6 months 3 weeks 12 hours ago) and read 1800 times:

How many months pays for the war in Iraq alone?
I get punished by my government for not getting another woman pregnant and being trapped in a misirable marriage.
I am also punished by my government because I don't have an extra $700,000 in my bank to buy a house. That's the going price here in San Francisco.
We renters don't get a tax write off. Singles don't either even though we use the least amount of government services and generate the most tax revenue for the government.
It's social engineering through taxes!  Pissed

[Edited 2005-02-11 17:05:33]


Bring back the Concorde
User currently offlineSabena332 From , joined Dec 1969, posts, RR:
Reply 7, posted (9 years 6 months 3 weeks 12 hours ago) and read 1786 times:

When I look on my salary statement, I could puke! In Germany you have to pay ridiculous high income taxes, when I would calculate the yearly amount, I would probably get an heart attack.

Patrick


User currently offlineAerosol From Germany, joined Oct 2000, 558 posts, RR: 0
Reply 8, posted (9 years 6 months 3 weeks 10 hours ago) and read 1771 times:

Appr. 5 Months of a year I work for the state....
It sucks!!!


User currently offline57AZ From United States of America, joined Nov 2004, 2550 posts, RR: 2
Reply 9, posted (9 years 6 months 3 weeks 8 hours ago) and read 1758 times:

I haven't taken the time to calculate it and don't really care. Reason is, I work for the county government but fall under state court regulations, effectively making me a state employee under AZ laws. Thus the state taxes I and others pay goe to paying my salary again.


"When a man runs on railroads over half of his lifetime he is fit for nothing else-and at times he don't know that."
User currently offlineSaxdiva From United States of America, joined Jun 2004, 2382 posts, RR: 42
Reply 10, posted (9 years 6 months 3 weeks 8 hours ago) and read 1755 times:

Looks like most years, my tax bill gets paid off around mid-April.  Sad

User currently offlineL410Turbolet From Czech Republic, joined May 2004, 5694 posts, RR: 18
Reply 11, posted (9 years 6 months 3 weeks 7 hours ago) and read 1747 times:

Looks like most years, my tax bill gets paid off around mid-April.

Last year, it was June 7th over here. One can either  Pissed  Pissed  Pissed or  Crying  Crying  Crying


User currently offlineSaxdiva From United States of America, joined Jun 2004, 2382 posts, RR: 42
Reply 12, posted (9 years 6 months 3 weeks 7 hours ago) and read 1744 times:

Last year, it was June 7th over here.

Okay, you win.  Smile

(ouch)


User currently offlineANCFlyer From , joined Dec 1969, posts, RR:
Reply 13, posted (9 years 6 months 3 weeks 7 hours ago) and read 1732 times:

I "break even" somewhere near mid-May. Funny, I draw a retirement check from the US Army, every month. The gross amount of annual Army retirement earnings for me is only $5000US (+/- a few $$) more a year than I pay in federal income tax. So therefore, I essentially pay myself my US Army retirement. How wrong is that!

User currently offlineDaedaeg From United States of America, joined Feb 2003, 657 posts, RR: 1
Reply 14, posted (9 years 6 months 3 weeks 6 hours ago) and read 1724 times:

I don't even wanna think about how much I pay in federal taxes. It's too depressing. But on a brighter note, Washington state has no state income taxes.  Smile


Everyday you're alive is a good day.
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