$102k/year = DKK 759288/year = DKK 63274/month.
Typing 63274 into https://hvormegetefterskat.dk (howmuchaftertax) says 40.2% tax rate.
The you have to factor in $0 in health costs (gratis hospital and doctor visits), no payments for kids attending university, 32 weeks of paid maternal leave, and 5 weeks of mandatory holiday each year.
This sounds great if you're the type to have a family. Otherwise, seems like you kind of get screwed?
If I even notice something weird that freaks me out I go to the doctor. Mental health care, physiotherapy, certain tests and imaging. You get a yearly allocation to use up. GP visits are all "free". I never have to worry about it and I don't want the less fortunate to worry about it either. I would never want to live in the US. I cannot imagine how much extra stress and anxiety I would have without that layer of support.
In the US you can definitely bring home more dollars in absolute terms, but I've found if you actually compare total life costs and standards of living you end up at fairly similar % between SV and Europe.
$50k after tax in Denmark needs to pay for fewer expenses than $50k after tax in USA.
So it is not a valid comparison to just compare income tax and VAT.
In this case Denmark ends up not being more expensive for a nice middle class life. It's just that ill-informed people thinks otherwise. Quality of life in Denmark is higher: https://www.usnews.com/news/best-countries/rankings/quality-...
>So very wrong [...] 40.2% tax rate.
What!? That's definitely high, man.
Okay good for you but a weird brag.
One of my main reason not to go to USA is exactly that. I don't want to earn lots of money while my country people have to go to a Sporthall to get their teeth fixed once a year because you need to be special to go to a dentist.
"screw you I got mine"
This year it's 552.500DKK, anything you make ABOVE that, is taxed an additional 15%. So a raise will never leave you with less money. The amount is also adjusted yearly, so next year it normally higher, meaning that you are effectively taxed less.
It is true that if you're only getting 35 - 40% of that raise, because the rest is just taxes, it might be of greater value to you to get more vacation time. Benefits are a little tricky, because they are taxed as well. I believe you could do extra pension, because that's taxed when it's paid out.
Again I see the point if you're offered or able to get some kind of benefits or vacation time instead. That may easily be of greater value to you. That's just not often an option.
Edit: If it helps: A progressive tax is what the US have. India may as well, that I don't know.