The time has come: From now on you will work for your own pocket – this Wednesday, July 13th, is “Taxpayer Remembrance Day”.
Since today at 11:28 a.m., Germany’s taxpayers have been working for their own account. This comes from invoices from the Association of Taxpayers. That means: Up until 11:27 a.m., the entire income generated by taxpayers and contributors went to public coffers as taxes and levies.
Because: The income burden rate for an average employee household this year is expected to be 53.0 percent. And exactly today at 11:28 a.m. 53 percent of the year 2022 is over!
Hard-hitting bill
The explanation: For every euro earned, 53 cents go to the state – only 47 cents remain for your own pocket.
Of the 53 cents, 31.5 cents go for social security contributions and 21.5 cents for taxes – the largest tax chunk is wage and income tax (11.9 cents), followed by sales tax (4.8 cents) and other taxes (3.3 cents; such as property tax, vehicle tax or insurance), energy taxes (1 cent) and “quasi-taxes” (0.5 cents; electricity surcharge and the broadcasting amount).
This means that citizens will have to pay MORE this year than in 2021 (52.9 percent) and 2020 (52.2 percent)
Incidentally, it is most expensive for singles: Here the calculated burden is even 53.9 percent.
The German Taxpayer Institute (DSi) presented this forecast on the basis of representative household surveys by the Federal Statistical Office.