What It’s Like to Pay 50% of Your Income in Taxes

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The average Dane pays nearly half of their income in taxes—the third highest in the world. That seems incredible to most Americans, who pay, on average, 25.6% of their income to taxes. Even more incredible: Danes don’t seem to mind—at least, that’s what you hear in the media. After all, their college tuition is fully funded. Healthcare, too. There’s a reason the Denmark is #2 on the World Happiness Report (while the U.S. is at #19).

But we’re the media, too, so I went to talk to some small business owners in Copenhagen to learn the truth. What do they really think about the high tax rate? Do the benefits outweigh the expense?



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