Germany's tax burden second-highest among rich countries: OECD

Deutsche Welle ^ | 04.26.2018 | Alexander Pearson

[Olog-hai]

Germany has the second-highest tax burden for single earners among high-income countries, the Organization for Economic Cooperation and Development (OECD) said on Thursday.

The news has come amid a large budget surplus in Germany and no plans under the new coalition government to drastically change personal income taxes. […]

In its “Taxing Wages” report, the OECD calculated the “net personal average tax rate” (NPATR) to determine a country’s tax burden. The NPATR equals the sum of personal income tax plus social security contributions minus cash benefits as a percentage of gross earnings.

Single earners in Germany who have no children had the second-highest NPATR in the OECD at 39.9 percent. […]

In 2017, Germany posted a budget surplus of €36.6 billion ($44.9 billion) amid strong economic growth and record low unemployment. The chairman of the German Council of Economic Experts, Christoph Schmidt, has called on the German government to take advantage of the country’s budget surplus to cut taxes rather than increase spending. …

[PGalt]

Interesting. Thanks for posting.

[MtnClimber]

Government, lazy citizens and so called refugees living off those who work and hating those who work at the same time.

[shanover]

Government, lazy citizens and so called refugees living off those who work and hating those who work at the same time.

America is essentially no different. Roughly 47% of Americans are paying for everyone else including an unsustainable welfare/entitlement and illegal immigrant leech class. American government prints and spends money at an insane rate. Americans are not saving and debt is enormous. Let's not forget about the pension bubble.