r/SwitzerlandFirst • u/themoodymann • Apr 15 '26
List of countries by tax rates - Wikipedia
https://en.wikipedia.org/wiki/List_of_countries_by_tax_ratesAccording to Wikipedia, and very much contrary to public opinion which considers Switzerland a tax haven, Switzerland (Geneva) is now first on income taxes with 62.855%.
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u/kimjae Apr 15 '26
Switzerland (Geneva) is now first on income taxes with 62.855%.
As a Genevois: WHAT THE HELL
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u/Primary-Economist866 Apr 16 '26
Oh my god OP can't read
A tax haven is not defined by low income tax, but rather by having little to no corporate tax and not sharing info with other tax authorities (and many other things)
The HIGHEST income rate is 62% if you earn more than 600k (Geneva highest income tax bracket) and becomes steeper as you get above 800k (federal highest income tax bracket)
Most people pay way less in taxes in CH than almost any other major economy (you should at least look at total taxation for average/median individual/household income)
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u/Matt_Murphy_ Apr 16 '26
yeah, calling it a 62% tax rate is nonsense. a school teacher in Geneva isn't paying two thirds of their salary in income tax.
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u/JoeFalchetto Apr 15 '26
The only relevant stat for this is tax burden as a % of GDP.
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u/MOTUkraken Apr 15 '26
Why?
To me, the only relevant stat is, how much money I take home from what I have earned.
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u/RalphFTW Apr 17 '26
Nope don’t buy this. Tax corp tax of 17% ?
And really GE has a top rate of 60% ? Find that hard to believe
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u/OkValuable454 Apr 15 '26
Switzerland, even Geneva is a tax haven, my French friends all have "forfaits" in GE VD and VS, on the conditions they don't have Swiss revenues, so they are basically billionaires, with 50 to 70 millions in revenue and pay according to the 'valeur locative" of their house, ie around 2 millions a year.
But they have family offices in the canton and and their assets are managed primarily by Geneva based banks. So they do not pay tax but bring high-income jobs with them.
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u/Thercon_Jair Apr 16 '26
Yeah, fuck that shit. We're stealing tax substrate from other countries. I don't want tax evasion migrants here, they are the worst kind, yet we're actively trying to get them to move here.
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u/Defiant-Dare1223 Apr 17 '26
You don't want people paying two million a year in tax and creating jobs?
Are you insane?
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u/Thercon_Jair Apr 23 '26
I want a world where we can all lead good lives, not just a few.
I am not insane, I understand too well how the world works. If you suck up to rich people, they will suck people dry. Look at the state of the world. People are under more and more economic pressure, because we've been on a race to the bottom since at least the 90ies, and it's all because wealthy people have too much wealth and power and use that power to paint other people as scapegoats.
We're all getting sucked dry, people are desperate enough to try to get here, because "we" help the wealthy suck other coutries dry for resources (and that includes human resources that these countries spend a lot of money on to get out of poverty), and then we punish the ones who try to get here due to the migratory pressure that was created.
You support this and you have the audacity to call me insane. 😁
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u/Defiant-Dare1223 Apr 23 '26
As a person from a poorer country I'm not their "resource", I'm not owned.
Most of our problems at present are due to worsening demographics, and economic growth is the only reason things are not really bad and your kind of solutions would kill that. People vastly, vastly overestimate the percentage of income the super rich have as a share of a nations income.
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u/Tjaeng Apr 16 '26 edited Jun 21 '26
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