labor taxes Archive
Japanese Tax and Benefit System for Working Parents: Marginal Tax Rates
August 16, 2022
No Comments
TweetShareSharePin0 Shares Imagine that a government provides subsidies to single parents that actually increase tax rates on additional work. This is the case for a Japanese single parent who earns a rough equivalent of US $39,981 and faces a 57 percent marginal tax rate. With just a small increase in pay of $599, she would
Australia Social Security Tax and Benefit System
August 3, 2022
No Comments
TweetShareSharePin0 Shares Imagine that a government provides subsidies to single parents that actually increase tax rates on additional work. This is the case for an Australian single parent who earns less than the average wage. With an increase in pay of just AUD 983 more, he would face a 652 percent marginal tax rate. Therefore,
Canada Health-care Premiums & Upward Mobility
July 28, 2022
No Comments
TweetShareSharePin0 Shares Imagine a worker who gets a raise and ends up paying in tax more than 50 percent of that raise. This is the case for a Canadian worker who earns CAD 48,124. With an increase in pay of CAD 822, he would face a 59 percent marginal tax rate. This Canadian worker will
France Social Security, Taxes, & French Workers’ Upward Mobility
July 21, 2022
No Comments
TweetShareSharePin0 Shares Imagine a worker who gets a raise and ends up paying in tax the same amount as their raise. This is the case for a French worker who earns EUR 46,767. With an increase in pay of EUR 3,376, he would face a 93 percent marginal tax rate. This French worker will end
