[leugim]

It's progressive so the first 10k are not taxed as the last 10k. I do not deny, the problem is that 60k is the highest bracket* so >60k you are considered rich.

In Spain if you earn more than 60k you are considered rich.

* There's one of 300k at 47% but even that one does not change so much as the <60k to >60k.

[yokaze]

> In Spain if you earn more than 60k you are considered rich.

No, you are high earner. It puts you squarely in the top 10%.

[spwa4]

60k euro per year in a city like Barcelona or Madrid does not make you wealthy. Not remotely. And in the other cities rent might be better, but jobs are a lot harder to find too.

60k euro gives you 33k after tax (2800 euro per month), and everything you do with that is taxed at minimum another 25% (that's the VAT)

[yokaze]

The numbers are simply wrong. The VAT is 21% tops and in the highest taxed region the 60K are effectively taxed at 32%.

And you miss the point that wealth is not determined by how much you earn, but how much you have.

Various super rich are nominally earning one dollar/euro.

I know doctors that have trouble finding a flat and others that complain about being classified as big renter because they only have six flats. The discriminator is not the income. (When we talk about the Ultra-Rich).