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Employee deductions means how much tax is paid by the employee?
Correct, as you can see, taxes paid to govt (i.e. in France) from a 95k contract are over 50%, employees only get 39k. Undiscolsed modern slavery.
That was my interpretation. Equivalents to our social security and employment taxes.
Not that it was difficult, but I misstated that the 60k as take home pay.
Employee deductions means how much tax is paid by the employee?
Correct, as you can see, taxes paid to govt (i.e. in France) from a 95k contract are over 50%, employees only get 39k. Undiscolsed modern slavery.
That was my interpretation. Equivalents to our social security and employment taxes.
Not that it was difficult, but I misstated that the 60k as take home pay.