Which Country Pays The Highest Taxes?

Which country pays the most tax?

Countries With the Highest Income Tax for Singles

  • Belgium, 42.0% Belgium, like many countries we’ll discuss here, has a progressive tax, which means that higher-income individuals pay more taxes than lower-income individuals do.
  • Germany, 39.7%
  • Denmark, 36.1%
  • Austria, 34.9%
  • Hungary, 34.5%

Which country pays the highest tax in Europe?

Slovenia

What is the highest tax bracket for 2019?

In 2019, the income limits for all tax brackets and all filers will be adjusted for inflation and will be as follows (Tables 1). The top marginal income tax rate of 37 percent will hit taxpayers with taxable income of $510,300 and higher for single filers and $612,350 and higher for married couples filing jointly.

What are tax rates for 2019?

The new rates, which relate to the tax return you’ll file in 2019, are 10 percent, 12 percent, 22 percent, 24 percent, 32 percent, 35 percent and 37 percent. NerdWallet broke down the 2018 and 2019 federal income tax brackets.