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South Africa. Where the highest tax bracket is 45%, one below it is 41% where the bulk of the individuals in our HN field would fall under. https://www.sars.gov.za/tax-rates/income-tax/rates-of-tax-fo... And yes it's "progressive", but I'm rounding up for arguments-sake due to all the "other" taxes that aren't individual income tax. Fuel levy, sugar tax, VAT, import tax (err "duties"), cigarette tax, employment insurance tax, property transfer fees/taxes, estate taxes, capital gains tax, etc. Either way... 50% is big, but so is 40%, or 30%. Doubly so in South Africa because we have no choice but to pay for a lot of supposed government services using post-tax income (due to this being a failed 3rd world state that doesn't provide actual services). E.g. healthcare, security, fire, insurance, etc. Cherry on top: Only 5-10% of the population even pays income tax here. So no it's not paying one's fair share, this is a giant socialist wealth-redistribution system where a good chunk gets carved out and given to the high-ranking government priesthood and otherwise connected individuals. The scraps make their way to underfunded government services for the real poor serfs to maybe get some benefit out of, unfortunately. The reason I mention this, is that it's the same in other governments, they're just less blatant about it. It's only in these extreme examples that people see the nature of what's going on, and how they are actually slave-labour for the government. Well... at least only 50% of their labour /s. |