Just released today. So, lets see how Ireland groans under a uniquely high burden of wage taxation shall we. Lets look, for illustrative purposes, at a single income average wage earner.
Country | Income Tax | Employee Social Security | Employer Social Security | Total |
---|---|---|---|---|
New Zealand | 17.6 | – | – | 17.6 |
Chile | – | 7.0 | – | 7.0 |
Denmark | 35.8 | – | 0.8 | 36.7 |
Israel | 8.9 | 7.5 | 5.1 | 21.6 |
Australia | 22.7 | – | 5.6 | 28.4 |
Switzerland | 10.5 | 5.9 | 5.9 | 22.2 |
Iceland | 26.7 | 0.3 | 7.0 | 34.0 |
United States | 16.5 | 7.0 | 8.1 | 31.7 |
Netherlands | 15.2 | 12.1 | 8.9 | 36.2 |
Korea | 4.9 | 7.6 | 9.4 | 21.9 |
United Kingdom | 12.8 | 8.4 | 9.7 | 30.8 |
Ireland | 14.2 | 3.6 | 9.7 | 27.5 |
Mexico | 8.0 | 1.2 | 10.5 | 19.7 |
Canada | 14.1 | 6.8 | 10.8 | 31.6 |
Luxembourg | 16.0 | 11.4 | 10.9 | 38.3 |
Norway | 17.9 | 7.3 | 11.5 | 36.6 |
Japan | 6.7 | 12.4 | 13.1 | 32.2 |
Slovenia | 9.7 | 19.0 | 13.9 | 42.6 |
OECD (35.9%) | 13.5 | 8.2 | 14.3 | 35.9 |
Poland | 5.0 | 15.3 | 14.4 | 34.7 |
Turkey | 10.6 | 12.8 | 14.9 | 38.3 |
Germany | 16.1 | 17.2 | 16.2 | 49.4 |
Finland | 18.4 | 6.7 | 18.7 | 43.9 |
Portugal | 14.0 | 8.9 | 19.2 | 42.1 |
Greece | 7.1 | 12.4 | 19.7 | 39.3 |
Hungary | 12.5 | 14.4 | 22.2 | 49.0 |
Austria | 13.1 | 14.0 | 22.4 | 49.5 |
Belgium | 21.6 | 10.8 | 22.9 | 55.3 |
Spain | 11.6 | 4.9 | 23.0 | 39.6 |
Slovak Republic | 7.4 | 10.2 | 23.8 | 41.3 |
Sweden | 13.5 | 5.3 | 23.9 | 42.7 |
Italy | 17.5 | 7.2 | 24.3 | 49.0 |
Estonia | 12.6 | 1.2 | 25.3 | 39.0 |
Czech Republic | 9.2 | 8.2 | 25.4 | 42.8 |
France | 10.7 | 10.3 | 27.5 | 48.5 |
If you want to play around with different levels of tax at different wage rates go here
In order to get a true comparative picture of taxation a complete breakdown of the sources of taxation must be considered. This includes taxes on income, indirect taxes (including Irish Water), social taxes and taxes on profit and capital. Income taxes in Ireland are progressive i.e. Proportionately more is taken from the better off and (should) reflect the ability to pay. It is the other taxes where the problems lie. Property taxes based on house value are going to be higher in major cities than in rural areas irrespective of the costs of providing services to the dwelling. So it is the incidence of taxation that gives a true picture – a lot of which are regressive and take a disproportionate amount from poorer people’s income.
Iv done that a few times P