Quote:
Originally Posted by pshrynk
It's probably an urban myth, but i once heard that they were int he 105% tax bracket in Sweden.
Snopes is quiet on the subject.
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They would certainly be in the highest bracket.
I have a acquaintance in NYC who was born in Ireland, worked in Scandinavia, and emigrated to the US. He explained his move as financial - taxation was best described as predatory in Sweden, and he couldn't make any money.
A Swedish woman I knew a while back described working there. "Once I have passed the probationary period, and I am in the union, you can't touch me!" I asked what the incentive was for anyone to actually work hard and produce, since there was no direct incentive to do so, and no penalty for not doing so, and was told "We work because we are good Swedes, and that's what good Swedes do."
I suppose it works for them.
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Dennis