My México 🇲🇽 is kind of a mix all you said and what you used to, You overwork but you don't get rich, taxes eats you, you could become friend of your boss, but in México you could become friend of anyone ppl are very friendly here. Nice vídeo thanks for sharing your experience, be safe 😚👀
But you still earn more if you earn more, that is how sliding scale progressive taxation works. just picking numbers from a hate, but if you get 2000 and pay 500 in tax leaving you with 1500. Then you get 500 raise, you will pay 700 in taxes, leaving you with 1800. I'm not a mathematicians but i'm fairly sure we have concluded just recently that 1800 is more than 1500. The real tax percentages of course don't change that drastically, like i said i just picked some semi-random numbers.
Taxes are not the reason why people don't work overtime. Working overtime also means that the place of business needs to hire more workers, so there are strict rules about it. But taxes... nah.. even if your tax percentage changes, it changes by percent or two at most, so, instead of taking home say 200 more, they get 195. No one is going to skip out on 195 extra just because they had to buy 5€ more on tax. It is fully sliding scale, there are no tax brackets or any of that nonsense (and even with tax bracket system you always get more money if you get more money, it is just done in steps and is fairly complicated..)
Maybe not but they are the reason government policies try to kill you. I worked 100 hour weeks for over 10 years. The thanks was over 40 percent in taxes and a ruined health in the long run.
If you earn 10k/month, which isn't common, the 50% tax is a fair rounding, although it's a bit less than that. Despite that, even with a 5k/month salary additional incomes will be taxed with 50+%. When you earn 10k/year, the tax rate is less than 10%, although no-one should earn that little with a job, because that's the level for those who don't have a job.
