1 / 11

Understanding Denmark's High Taxation and Its Impact on Society

This article delves into the complexities of Denmark's taxation system, which is among the highest in the world. With citizens contributing significantly to public services, such as healthcare and education, we explore how these taxes are allocated. Despite the benefits, there are challenges, including the financial burden on the working population and the avoidance strategies used by multinational corporations. We discuss the different tax brackets, the implications for low and high-income earners, and the ongoing debates about necessary tax reforms.

grazia
Download Presentation

Understanding Denmark's High Taxation and Its Impact on Society

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Welcome: This is Denmark. Now payyourtaxes, unlessyou’reMcDonalds

  2. What are the taxes used for? • If you’re paying 75000 DKK in taxes, then about 9 DKK goes to the queen and 25,057 DKK goes to the minerstry of healt

  3. Wellbeing and taxes • world's best well being and highest tax burden. • In 2011 were 2,049,000 people on benefits • 45% of the population to support the other 55%.

  4. Students gets yearly about 12,5 billion DKK in SU, and owe the government about 25,5 billion DKK • Money for people who dosn’t work(don’t want to) is 17,5 billion DKK yearly • Immigrant related proplems is about 15 billion yearly • Puplicaccistent to 235 people cost about 700 million DKK yearly • Sickness and maternity cost 7-10 billion DKK anually • Medical care and Hospitalization for granted, cost 30-40 billion DKK annually Who gets what? Examples:

  5. Too hightaxes. • Taxes scare scientists and well-educated people away from Denmark • People hope that the new taxation reform will relieve some of the pressure from the taxes, so that we can get scientists and experts to Denmark for a longer period of time

  6. Multinational corporations • Multinational corporations doesn’t pay taxes in Denmark • They do it by transferring any profit they get from Denmark to another country where the taxes are low. • Because of that Denmark miss out on billions of DKK every year.

  7. Ø: high taxes for high income low taxes for lower income • SF: High taxes for high income low taxes for lower income • A: High taxes for high income low taxes for lower income • B: Lower taxes for everyone especially for low income • I: Max 40% taxes • V: Lower taxes for everyone • C: Max 50% taxes • DF: Lower taxes for everyone

  8. what is bottom and top tax ? what does it mean ? • under 389,900DKK a year : bottom/middle tax • over 389,900DKK a year: top tax

  9. why is the Danish people paying so much in tax ? we are paying so much in tax because its covers almost everything like hospital, dentist, roads, school, education etc.

  10. Links: • www.skat.dk/SKAT.aspx?oId=4609 • www.dr.dk/Nyheder/Indland/2012/05/11/113016.htm • http://www.multinasserne.dk/ • http://di.dk/Opinion/Skat/Pages/Hoejdanskskatskraemmerudenlandskarbejdskraftvaek.aspx • http://www.ft.dk/Demokrati/Partier.aspx

More Related