Total tax paid
€ 40,475
Did you know your employer also pays tax on your salary? It costs the employer € 11,384 to pay you € 74,402. In other words, every time you spend € 10 of your hard-earned money, € 5.44 goes to the government.
Real tax rate
47.2%
So, with you and the employer both paying tax, what used to be a 39.1% tax rate now rises to 47.2%, meaning your real tax rate is actually 8.1% higher than what it seemed at first.