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There has been a rise in wolf sightings in North Karelia.
Image: Pasi Takkunen / Yle
Are Finnish taxes too high? Finnish taxes are always on the political agenda, and on Thursday Helsingin Sanomat reports on a comparison aimed at illustrating just how high they are.
The Taxpayers Association of Finland (TAF) compared the amount of taxes paid in European countries, concluding that Finland taxes wages heavily and does not encourage higher incomes.
TAF’s lead economist,
Mikael Kirkko-Jaakkola, says Finland’s wage taxation is characterised by “steep progression and high marginal taxes.”
The marginal tax rate is the incremental tax paid on incremental income. The higher the income, the higher the taxes levied on a salary increase.
There has been a rise in wolf sightings in North Karelia.
Image: Pasi Takkunen / Yle
Are Finnish taxes too high? Finnish taxes are always on the political agenda, and on Thursday Helsingin Sanomat reports on a comparison aimed at illustrating just how high they are.
The Taxpayers Association of Finland (TAF) compared the amount of taxes paid in European countries, concluding that Finland taxes wages heavily and does not encourage higher incomes.
TAF’s lead economist,
Mikael Kirkko-Jaakkola, says Finland’s wage taxation is characterised by “steep progression and high marginal taxes.”
The marginal tax rate is the incremental tax paid on incremental income. The higher the income, the higher the taxes levied on a salary increase.