Living on $1,000,000 After Taxes in Finland #finland #democrat #republican #salary

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Church tax can be avoided by not being a member of the church

mytrashvalorantmontages
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Americans be crying bout their taxes while the Nordics ain't making a sound

carl
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Tax information is also public knowledge, you can look up basically anyone and see what they paid.

ItsAweeb
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Honestly, now I’ve seen a couple of these videos, and I don’t know how much you earn in the US, but when it come to this part of the world… Who earns $1M in Finland??? It’s like WAY beyond anyone’s annual salary. In fact, a month earning in this example is like two years average salary!!!
OF COURSE YOU’LL HAVE A HIGH TAX… a normal tax would be like 26-33%
But yeah, it’s like free school, university, affordable healthcare, 25 days paid vacation, year or more child care, and more… so…

niklaseriksson
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You pay relatively more taxes when your income grows. With 100k income you'd pay relatively much less, like half of that

timkvenland
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What you leave out though is: free daycare, free education on university level, obligatory pension fund (used later in life), functioning infrastructure, stable society, among many other things. In many places where you "save on taxes", you end up paying for the services anyway.

Cikeb
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Just to add, church tax is not mandatory tax

theweasel
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Too many optionals there. Not a typical Finn, but yeah the mandatory taxes are more than half. However there will be big tax deductions if you have kids, deductions from interest paid on mortgage and so on.

pflaffik
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Not so much different from Denmark, Sweden, Netherlands, Belgium, I guess. It would look totally different if you earn only 80.000 dollars; you pay a much smaller percentage. And if you earn around 40.000 dollars you pay next to nothing (and get compensation to pay for your rent, medical insurance etc).

edwinvdv
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And after that you have to pay taxes for all products being bought

TheSpeederist
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And multiple surveys have said Finns are the happiest nation...

timcornillie
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The total tax rate in Helsinki (lowest municipal tax) is 54.15% and 60.15% in Halsua (highest municipal tax). The total tax in Halsua with $1, 000, 000 is $601, 500 and $541, 500 in Helsinki.

jk
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You should do a video on how much the US dollar is worth in certain countries I know in Venezuela it's insane

dominicadrean
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People with 1 million dollar salary should have high taxes, just saying

otherhouse
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A gross income of a million means you are in the 0, 001 of the country - maybe even in the 0, 0001. Why on Earth would this be interesting?

toinenosoite
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I love the segment. It is so educational.

hanklohan
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F that, I would never willingly live in a place that takes over 50 percent of what you make total

danielmcarthur
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Meanwhile they have a stable country with premium health care, zero mass shootings and poverty is pretty much non existent. Ow and they're infrastructure isn't crumbling too shit.

peteroberts
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One detail that may be of interest: tax records are public records. Anyone can check how much anyone else has earned, and how much in taxes they paid.

finnishguy
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these comments are so depressing… it’s almost as if in other countries taxes are used to pay for stuff that people actually want, and not to subsidize blowing up brown people in the middle east. if you “move to texas!!!1!” you’ll still be poor, just poor and miserable, because it’s texas.

CameronGuarino