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by bjelkeman-again 3352 days ago
That is misinformation. It doesn't work like that. You are taking the highest marginal rate, and applying it to the full amount. The tax burden increases on a higher income, but the the higher rates only apply to a portion of the higher income.

The VAT isn't 25% on everything. 6% is on books, magazines and newspapers, culture evens, national transport. 12% on food, restaurants, hotel and artwork sold by the artist.

https://www.verksamt.se/starta/skatter-och-avgifter/moms/oli...

Effective income tax isn't as high as the picture you paint. http://www.economist.com/blogs/dailychart/2011/09/effective-...

1 comments

I lived there for ten years. I ran businesses, paid taxes, and even filed taxes for the companies I ran. It is not misinformation. What is misinformation is Americans claiming that they know about what is going on in countries they have never lived in.