Top 4 Countries With The Highest Income Tax Rate

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2. Germany – 39.7%

Also a progressive tax system, Germany taxes individuals 39.7% who are within the top bracket. Capital gains, employment wages, savings/investments, and business ownership are all some of the things that are taxed in this system. Oddly enough, Germany has a church tax of 8% to 9%. However, this is tax deductible. Even though taxes are high, Germany has free tuition. As for healthcare, tax payers are often insured in which a certain percentage of their pay gets taken out and put towards insurance.


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5 thoughts on “Top 4 Countries With The Highest Income Tax Rate”

  1. Ha! I wish Sweden had as low tax rates as any of these countries. Not only does Sweden have the highest margin tax at close to 60%, Swedes also have to earn the least to reach the top bracket.

  2. Australia (not Austria) has the highest tax rate in the world being 49% plus 10% goods services tax, plus 100% fuel excise tax, plus upto 3% on the value od buying a house, plus 15% tax on retirement savings, on return schooling, hospital , medical doctors, government housing are for free or incur a small fee.

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