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Top 10 Countries with Highest Tax Rates

/ January 2, 2016

=5) Austria (50% on income more than $74,442)

In Austria, if you are a worker earning $75,000, you can expect a tax bill of around $50,000. In addition to the above-mentioned 50 percent, paycheck earners have to deal with 18 percent payroll taxes.

Vienna, Austria

=5) Belgium (50% on income more than $45,037)

Belgium is famous for taxing its citizens. If you are in Belgium, after paying income, payroll, local and a host of other taxes, you are fortunate if something remains in your bank account.

Bruges City, Belgium