A CEO will benefit in countries in Indonesia since the country doesn't have high taxes but a lower and middle income people will suffer since Indonesia doesn't really have a comprehensive quality and affordable social services but we do have gas subsidies and food price control. One thing for sure is if you are or want to be an Indonesian citizen, don't be a hypocrite and advocate for lower taxes and regulations since your life is sustained by taxes and regulations
Totally worth it. It’s why they have such good healthcare, pensions, and mass transit systems. The wealthy are still wealthy, they’re just not moochers.
It's hilarious! They showed exactly how much is taxes and how much is unemployment insurance, health insurance and retirement provision. Yet they claimed Japan had over 52,4% iNcOmE tAxEs in the end. Like, how can a person be so freakin dense? Also one has to realize it's a good thing when high incomes get taxed more, right? Means normal and low income households have to pay less and have therefore more money left to spend on THEIR children, therefore this system HELPS birth rates. Doubt million dollar income households have less children than they want because of income taxes, lol. Also there aren't many of them compared to normal and low income households. People are so stupid. Report this shit channel for misinformation, honestly.
@@thatguyoverthere9634 bro noone is saying he says 40.4 = 52.4. we just meant he himself says income tax is a portion of the total deduction and then goes on to call the total deduction income tax. On top of it all not all deduction is tax anyway, like there is insurance and stuff in it too. Saying that was kinda dumb you, that's it.
@@doodlecaboodle9298 There are only nine states that have no state income tax. Be careful, you just gave a lot of information about your location to strangers on the internet...
@@Hugulubugulu Well, yes and no. From what I've heard is that the working hours is about 8-10 hours. The problem arises when the higher up decides to stay long after-hours. The employees need to stay as well in order to not "stand out", be viewed as inconsiderate and disrespectful, etc.
@@sugokudaisuki many that are working minimum wage end up getting food assistance, rental assistance, childcare assistance, and much more since they make too little to get by. this is what happens when there is a huge difference between the pay at the top and the bottom.
@lil Walgreens cold and flu yeah no trash on the street trains aren't ever delayed really, I can't remember ever seeing a broken street light tbh, the police were actually respectful and helpful(most of the time) most of the hospital price was covered walking into a hospital and paying like 30 bucks was crazy as an American. Aside from the wack ass working hours and the unnecessary amount of paperwork it feels like taxes are actually being used for more than lining some politicians pocket
Short term being the operative word, The Japanese Guberment has proposed an increase on taxes because of the Missiles from N.Korea that keep coming over, the people said no to increased taxes but we'll see
@@Industry-insider you'll remember to move to anywhere else without having to pay for healthcare, power, water, education and food. Also, you don't get shot for being black.
@@yah_boy_fat_gabe8094 yeah you don’t here either, also all that shit is more expensive when the government does it, I’d rather actually have a choice on what most of my money goes towards, I can pay for those things myself
@@Industry-insider by almost every metric services are always cheaper when the government provides them as opposed to when corporations provides them. Because the government doesn't need to be profitable, it just provides the service at cost. For example, without subsidies quality health insurance in America is between 7k and 15k a year as opposed to the 5k for rich people we see in Japan.
You want it to call maintain all public facilities such as schools, roads, electric grid taxes? Does that sounds better to you? I rather pay more than half of my income in taxes if I don't need to worry. My kid can choose to go to university if they want to, it is free here. I don't need to worry about premiums and shit if I get sick, because my government is taking care of me.
For those who are confused by the local inhabitant tax, they are actually 2 taxes combined: prefectural and municipal tax, that are 4% and 6% respectively. Those taxes don't go to the government, but to the local administrations that then use the money for things like improving and maintaining local infrastructure. So it's not that bad, I mean, that money is used to improve the quality of life in your city and prefecture.
@@abigailstone823 Depends, where I'm from, local administration isn't viewed as government. Government is the people who govern at the state level, whereas local administration can only make decisions in the region or city where they are elected. They're voted separately from the government and can (and often have) different view on things than the government as they are people who are actually affected by the decisions they make. I guess it depends on whether you consider your city's or town's mayor as part of "government". I don't.
@@KyklopCZ-DaTrueOne Local Government (noun): the administration of a particular county or district, with representatives elected by those who live there.
@@abigailstone823 Yes, start throwing definitions from ENGLISH dictionary at me and start behaving like different languages can't have different words for the same concept, that have nothing to do with the word for "government" in that language and in the given political system are actually distinct things. Different languages, cultures and political systems obviously have different definitions, your country isn't the only country on this planet. Also since you started this English language nitpicking, you previously said that Local administrations are THE government, which implies that there's no other government which would make your country effectively a tribal state ;)
I started working and making myself a living and living on my own just a few months ago. Not gonna lie every time I calculate how much taxes I’m gonna pay this month makes me feel crazy and more and more respectful to my parents
That's exactly why young people are Democrats until they start making real money and decide that they no longer want to give half of it to the government to waste. Kids = Democrats; Adults = Republicans
@@rhysharrison1595 bro are you serious? *sigh* You’re is a contraction of the phrase you are, as in You’re welcome or You’re my best friend. Your is a possessive adjective, as in your house or your car So in your sentence it should be "your children will" and not "you're children will" because that's basically saying "you are children will" Like come on bro English ain't that hard! Me:🤓
This pays off. First glance it looks deceiving. You can get a home of 500k in America for 1/15 the price in Japan. Cost of living is cheap. Great public transit. The people are quiet and respectful. City and urban streets are clean. No guns, violence and drugs. Well worth it.
There are guns in Japan actually, and 1/15th the price because the houses are 1/15th the size there are Japanese street gangs as well, and the cost of living depends vastly on where you live.
I have literally all of that where I live in America and I'm taxed 28%. My home and property are also 4x larger than the average home in Japan. I have better air quality and more room.
@@thisone98 Most of their adult population is on anti-depressants and the chances of actually owning your own property are considerably lower in Denmark.
It's true. I live in Germany and wanted to work in the Netherlands for a few years for fun. Finding out that my profession is payed only half, about 50k, but living cost it twice the amount as in Germany
If my taxes went to making my city run super efficiently and kept everything maintained I wouldn't be mad but our taxes just go to lining the pockets of the rich here in the US
Naw, that level of taxation is outright theft and it's silly to suggest otherwise. That's the level of corruption that forces real men to kick off rebellions.
Hence, rich people in japan establishes a company and pay cooperate tax which is only ~20-30% and make most of the expenditure company expenses to evade as much tax as possible
Tell us you don't know anything about money without telling us you don't know anything about money.
Před rokem+11
Or Swiss job, there you pay like 16 instead of 52%. The taxes are the same in Germany, also around 52%. So many people move to Basel and work there, but they buy things in Germany because it‘s cheaper there.
not really taxes pay the country... if u do no tax then u have to get money elsewhere... like in shares wich can pay off but also could make u loose big time...
@@luxaly9510 like every person in country paying 52% tax? Thats absurd, Here in UAE, its 20 times less and we are still better at managing our country.
I lived in Japan for a while and I think for basic living salaries it's quite affordable. It's just the more you earn the more you're taxed but for some countries it almost feels like the opposite the rich barely pay any taxes in comparison.
unfortunately this comments section is just brain dead and are riddled with capitalist brain rot so they won’t even acknowledge your loved experience and still say japan bad because taxes
The issue when you have a system like this the people who benefit the most are those who make less money, so it removes the incentive for people to grind for wealth which in turn decreases innovation and technological improvement. However Japan seems to combat this with their extreme social stigmas surrounding social utility and excessive work culture
@@nikolasha8554 well, im artist i know about art some things. Just to make sure... Modern art is often art, and its often good art, but it needs sometimes a little bit of thinking and experience. But often people use modern art concepts and turn them into something that looks like art and sell it for absurd ammount of money. But it also happens with classical art.
It is not always about the amount of taxes. It is what you get in return for your taxes. In other countries they get a LOT back for their taxes: paid medical leave, paid parental leave, paid daycare, free or near free college, universal healthcare etc
Yeah and while it's their choice that's one of the reasons why other nations with lower taxes are more attractive because the individual gets to choose what he or she needs to support themself
@@colbalt95 not always. Everyone has their own value of attractiveness on a country. Switzerland ranks highest for quality of life, with Denmark closely behind. Switzerland has relatively low tax and Denmark has relatively high tax. Yet they're both similar in quality of life. Norway has a relatively high tax rate but has the highest HDI. Slovakia has the lowest wealth inequality, and has what looks to be a fairly average tax rate. In general it does seem that countries with a slightly higher than average tax rate might be "more attractive", but again, attractiveness of a country is subjective. Governments should be much more efficient at providing necessary services than individuals and corporations due to scale, such as healthcare. Or building roads - imagine if you had to pay 10 different companies a fee to drive on their roads on your way to work? But less necessary services that only a few people will use are always a debate when it comes to personal choice.
I used to live in japan on about 800$/month. I think I could have a good time with 476K. Probably retire after 3 years and live a great life there! The food is amazing. So safe. Great health care. Beautiful countryside. Yes please.
@@Korean_Crayon What Japanese govt doing with all taxes? They doing what Japan is famous for with those money. Clean roads, better railways on time, better road infrastructure, better education system which makes Japan a favourite place for vacation and locals to settle.
Bingo. Here when I was young getting a second job was considered greedy AF and I would be working for around 17 cents for every dollar I made. Then I got some oil drums and a beat up truck and took the drums to all the local mechanics and bought their engine parts. Stripped them sold them for Cash and didn't bother the tax man.
This explains why a lot of youtubers that move to Japan and get taxed in 2 countries at the same time complain about Losing a lot of money despite making millions
@@w.williamlin if you file them correctly you don't pay anything but the IRS still demands you manually file them every year and even has forms dedicated to foreign made income and if you make a mistake you get fined and do end up paying taxes to two countries. That's not normal.
@@privateinformatics6584 you don't get fine for making mistake before the deadline. They simply return that or not accepting your return. Take foreign tax credit or foreign income exclusion and you are good to go.
@@privateinformatics6584 if you want to extend deadline just file form 4868. You can do it online if you own taxes after 04/15 interest will be accrued.
When all the benefits are included, americans pay waaaayyy more than any other country for the same basic, necessary services, which are almost always significantly worse quality than every other developed country.
@@superkingoftacos2920 Yes, 5k for healthcare in taxes for 1 million is less than 1%, I pay 20% of my income for healthcare that isn't very good. I'd rather have higher taxes, Rent in japan is also much cheaper overall.
Exactly. They act like 52% is the end of the world, but they STILL bring home more than the average American does in 10 fucking years lmfao. Like how much do you fucking need god damn. There’s people living off of 20-25,000 a year here.
i would argue is their culture more than anything. Do they put that money to good use probably, but if the people had the same mind set as Americans have it would just a be a discount commyfornia... meant californa
@@davidk4860 Culture plays a role. As does not having a gun culture or poverty. I'd also like to point out that it is the red states with the highest poverty levels and crime rates.
@Ron Mexico gun culture, lmao. Homeless is a problem but only really blue areas bc they cater to it. Could more be done sure, but we would need to fix our government first, which isnt happening. The poverty is true just like women get paid 72 cent or whatever on the dollar... If you just calculate broadly without taking into consideration the differences, then yeah, red states are of higher poverty compared to blue states bc blue states have higher cost of everything. Commyfornia, for example, 100k is just good enough to live by yourself, mean while in most red states you, your wive, and 3 kids could live comfortably off that 100k.
@@ronmexico9631 🧠💀 comment and people really think japan is like this 😂 japan has a sexual assault problem (cause most men get away with it by simply apologizing) , high suicide rate (probably from being overworked), age of consent is 13 so that tells u enough but yea make it seem perfect
@@aksmex2576 yeah im canadian bro, people in the top tax braket have ways of dodging it, but not with treadeus new wealth tax, I know people paying up to 65% onf their income to taxes per year It will be really interesting when they leave and have no tax obligation to canada
@@khoirulanam9141 living costs are astronomical comparatively speaking, good childcare is lacking and also expensive outside cities. In cities too far from families to have support in help raising kids, no space to live in anywhere other than a little apartment. That’s some of the reasons.
@@khoirulanam9141 It's so good that for the past few decades they don't want to move to the outskirts to settle down and have children anymore because it's too fun to just stay in Tokyo
@@lorddan7658 Nope, your taxes just actually fund social services instead of going to nothing. People in countries with universal health still pay the same amount of taxes as the US yet get so much more, wonder why eh.
@@Mike20we ah. I see it in Indonesia 5% tariff for lowest category it was around from 3500 USD/year gross if someone get income below 3500 usd/year they don't need pay income tax. Healthcare tariff for people that work in company was 5%, 1% pay by the worker from income after tax and 4% by company as allowances. Pension fund was 5.7% with 2% from before tax income (it was part of deductible income regardless of income) and 3.7 by company as allowances. Yeah the quality of health system is not the best in the world but certainly acceptable from many peoples because almost every procedure and medicine was part of the system so majority we don't need to pay again except transportation to clinic or hospital. (The cons side of that was queueing get very long, healthcare service server and system down so get fall back to manual operation with pen and paper that was very long, etc). For comparison minimal wage in the capital was 290 dollar/month/43k yen (and normally for unskilled blue collar worker) and price of house in the suburban (1 hour journey with train to central Jakarta. Tariff around 0.7 USD/100 yen one way for that journey) around 50-65k USD/9.7 million yen for new home before administration and land tax (you can get apartments/apaato or we called rusun because apartment as word have connotations like mansion in Japan. Rusun was around 20k USD/3 million yen before tax but well many middle class people hated that and more willing to take longer route than buy it, it was relegated to gov subsidize scheme credit for very low income people).
@khoirulanam9141 Because educated people have less children. Same reason why third world countries where the wage is rock bottom and shit is flowing through the street like India still have massive population growth. Not an economic issue.
Where i live the government does your taxes automatically. American system is dumb because the government knows how much you need to pay but they still wont tell you easily.
@@Jebu911 Not really. They have an idea but how much you actually pay can differ depending on what tax deductions and tax credits you qualify for. The IRS only estimates how much you owe.
@@SpazzHobo It's been lobbied a shit ton by companies whose business it is to do peoples taxes lmao. The IRS could help people with their taxes a lot more than they do, easily. They just won't. There's no actual logical justification for it
Personal income, yes. Capital gains, no. Why do you think there are so many bosses that say "I have 0$ in wage. I am such a good person" etc. It is because capital gains tax is LOWER!
"Ooh, taxes bad!" I'm willing to give 70% of my income to have good services like healthcare, transports and a good pension instead of having to deal with an open market who tries to spill every last cent from me
Thats all you, dont expect other people to feel the same way. If I bust my ass at work, I expect to see the fruits of my labor. Bullshit my moneys gonna go to someone else
you forget to look at the birth rate, what is the point of smooth roads, free schools, free health care, when no one wants children. and ends with a city full of childless elderly people waiting to die. taxes are good if they are proportionate if they are too big you will see money flowing into countries with low tax rates.
What's the range of the tax? Either way......almost half the income is just gone! Lol another reason why I love when people bicth and complain "Just tax the rich more!" "Eat the rich" etc.... like dudes rich people are already being taxed out the WaZoo🤦🏼♀️
@@nic0lemari338 half of it gone, but you don’t have to pay extra for any health problems, your pension is cared for and your streets aren’t a mess. I take that any day compared to the crap I hear from the „free“ USA.
@@nic0lemari338 My parents used to make around 50k a year, after all of the taxes, bills, and insurance are paid off, they were left with roughly 15k which needs to be saved for retirement, mine and my sibling’s college funds, and basic necessities. Oh my goodness, the horror the millionaire must have to go through to have to be left with a messily 450k, where they most likely have a lot more than what they’re writing down. Cause let’s be honest, everyone will do anything in their power to avoid paying taxes. A tax rate is a percentage at which income is taxed, while each tax bracket is a range of income with a different tax rate. We have this in America, it’s just crap. If you take into account people having to buy food, clothes, a house/rent, heating, water, electricity, transportation, school, basic necessities, the poor don’t have shit afterwards, but are still expected to hand over a third of their income. All the while you’re complaining about the upper class being sad that they are left with enough money left to buy 3 lambos and still have enough left for a trips around the world in first class yearly. When people say tax the rich they mean the top 5% who are making over millions and are avoiding paying their taxes through shitty business practices, and taking advantage of poorer countries’ free labor and tax deductions.🤦♂️
@@tarektechmarine8209 This video is showing tax for a million dollars. Tax brackets exist. Taxes are not, in fact, bad; as a society NEEDS public resources to function. If you didn't have taxes, you would need to spent that money anyways on healthcare, infrastructure, school... except, in that case, you're incredibly vulnurable to exploitation by said private providers and you'll end up enslaved to private companies and an ever growing wealth gap. Yay!
For those taxes he doesn't have to pay for medical care, and if he loses his job he gets a huge chunk of that money back. Americans just loudly not understanding anything because their country is a dystopian nightmare.
in japan, if you leave the country for work, you don't pay taxes on that income. You do pay an extra tax if you stay there. So this, in theory, is one of the good taxes. Like as an amereican, i lived in singapore and worked for 6 months. I have to pay 100% of my income as taxes to US government, AND pay taxes to singapore for living there. If i was japanese, i would avoid paying that tax, since i wasn't living in japan for that 6 months, and instead would have to only pay the singapore taxes. Dumbed down version of how it works, but that is the idea, you pay more if you actively live in the area.
it's a problem because people that actually can be more productive just stop producing value because it will just be stolen. Taxes effectively makes people stop being productive to a point. Or move to a location that gives them more value crushing your "welfare program" that just incentives lazy people.
Yup, even for lower salaries it's the same. I'm on my 6th year on the JET Programme (last special year contract because of the pandemic), and with the highest salary we can earn, ~3,960,000 yen, which is only equivalent to 26,668.91 USD (on October 14, 2022)... So minus 40% for all those taxes, insurances, pension, etc., there isn't much left annually to pay all our bills, rent, food, etc. 😥
In Japan I get it though. They have really good amenities like top notch public schools, healthcare, free university education& extensive public transportation. In the USA it doesn’t make sense to pay that much because you don’t see your taxes at work. Even you pay super high taxes.
High taxes means high benefits. All medical expenses are free to children 10 and under. All other medical bills 70-100% covered. FOR EVERYONE! University costs are subsidized/low. Support for the elderly and disabled is readily available at no/little cost. It's not a bad deal. I happily pay those taxes.
Imagine having half a mil after taxes every year and being mad about literally anything. I'd be too busy sippin mimosas on my yacht to be doing tax math.
They take half of what you earn. Therefor half of your time spent working is time not spent on yourself. Ask: did the government do half the work you did? Are there enough benefits to living in that society to make their claim to half your earnings and half your work time legitimate? Free health care, smooth state services, clean streets and amazing schools? Everything else that could be ? Wouldn’t it be more fair if they took 20-30%?
@@triumvir_hunt In Argentina if you export and get paid in international currency the gov will grab that money and force an exchange rate on you that is 50% what the market indicates. And that is before taxes...
En argentina podes evadir impuestos toda tu vida sin problemas, si acá te olvidas de pagar un yen, te agarran de las bolas. Nunca pagué un impuesto en Argentina, en Japón les entrego el culo si me lo piden, porque ellos no joden con eso y en especial si sos un inmigrante.
Ikr ? Imagine ONLY having 500k instead of 1 million..... so hard. and dude that money they take ? Totally going to waste... it's totally not to build shit for people, make the place better etc, they're just commies taking your money ! seriously the whole comment section is like that it's ridiculous.
@@randomguy3034 spin it how you want, gettinf paid getting 500k is enough to live extremely well. Spin it how you want, in countries like japan or northern europe where the taxes are "high", it's not for nothing. Try to stand out in the middle of all this comment section and turn on your brain. You get public transports, you get healthcare, you get social services. But yeah i guess only living off of 50X the salary of some people is hard...
@@randomguy3034 theft? Its Not Like for that you get so much provieded by the country If your Boss would give you more benifids insted of a raise would you call that theft? Only when you See how much they Take its feels Like theft
Walkable city structure, top-tier metro, insurance that practically pays *you* for going to the hospital Japan puts its tax dollars to work, unlike the US where 50-60% of it goes to military spending
@@thekrimsonchin6023 it's not so much that the US cares about other countries more, it's that the US does and has always put the needs of corporations over the needs of workers
People in the uk wonder why pensions are so low compared to Japan and Germany, because you pay little in ni. Uk government need to start charging like they do in Japan.
@@PaulGregory-jn5pn issue in the uk people pay very little in ni so it won’t work people in this countries pay far more in and people don’t want to pay into their work placed pensions so what will make them pay more into a state pension.
For people who make more than a million tough. What’s more robbery? Being forced to pay 50% if you make 1,000,000$ or being forced to pay more than 2,000$, or 5% if you make 40,000$ (more in line with the US) ? What has a bigger impact to a real person’s personal finances and quality of life? What takes more food away from a kid’s table?
Guess nobody understands that you can infectious be happy with 450k a year as long as all the expenses are paid for. Which they are. Because those would be your taxes.
Does anyone here remember the U.S. income tax brackets before Reagan, which was also before the National Debt exploded? We’d have a stronger economy if we reverted to those brackets. With those brackets we increased infrastructure spending, increased domestic social services spending, managed an intensive Space Program, and fought the Vietnam War, all without increasing the National Debt as a percentage of GDP. We had the public revenue to pay cash for all that.
Currently, I run a real estate investment business in Japan and earn about 4.5 million dollars in net income a year, but when I move on to a business, I not that much pay tax. Japan has many tax savings when investing in management abroad.
![How Much Do Foreigners In Japan Make? [Tokyo] | Street Interview](/img/n.gif)
Mfs got insurance for not having a job
Isn't that just the benefit in other countries?
Unfortunately we have to shoulder the lazy...
@@nicholasjonas2505 that's not even true. Unemployment insurance is pretty common, also in Europe for example.
@@nicholasjonas2505 yeah, sounds terrible 🙄
@@nicholasjonas2505 How..How is helping homeless people, your communtiy something that sucks?
An inhabitant tax?
“Here is a tax just for being.”
“Why aren’t our kids having kids?”
Might be wrong but I think that only comes up when your living in the cities where space is that much of an issue.
@ねこ taxing peoples will to live
or is it just for foreigners , it think its only for foreigners
If you don’t like it maybe not live in that particular country 🤷♂️
If you're breathing on Japanese soil you will pay this tax.
No wonder my Japanese CEO want to be Indonesian citizen.
A CEO will benefit in countries in Indonesia since the country doesn't have high taxes but a lower and middle income people will suffer since Indonesia doesn't really have a comprehensive quality and affordable social services but we do have gas subsidies and food price control.
One thing for sure is if you are or want to be an Indonesian citizen, don't be a hypocrite and advocate for lower taxes and regulations since your life is sustained by taxes and regulations
Daerah cikarang ya banh?
@@rakhalandika9132 the only good thing about low taxes, the rest are shit though.
@@r3zaful poor people couldn't afford high tax from income that already very little, i would consider it good thing
Because he's a leech.
Totally worth it. It’s why they have such good healthcare, pensions, and mass transit systems. The wealthy are still wealthy, they’re just not moochers.
Funded by those who worked hard and got to the top percentile of earners 😅
@@casebycase_904 dont bother with the socialists
@@casebycase_904 yeah keep sucking their d*ck man. You'll be a great jester!
Spot on.
@@TWS1697 so parasitic
"If you make a million dollars, 52.4% will go to income taxes."
Meanwhile, income tax: 40.4%
Lololol, i was about to say this same thing bruh. Much dumbness here.. 😂😂
and does not include health insurance nor retirement
It's hilarious! They showed exactly how much is taxes and how much is unemployment insurance, health insurance and retirement provision. Yet they claimed Japan had over 52,4% iNcOmE tAxEs in the end. Like, how can a person be so freakin dense?
Also one has to realize it's a good thing when high incomes get taxed more, right? Means normal and low income households have to pay less and have therefore more money left to spend on THEIR children, therefore this system HELPS birth rates. Doubt million dollar income households have less children than they want because of income taxes, lol. Also there aren't many of them compared to normal and low income households. People are so stupid.
Report this shit channel for misinformation, honestly.
I think it's more of the use of the wrong word than him thinking 40.4%=52.4%.
Net income after taxes and dues=47.6%
@@thatguyoverthere9634 bro noone is saying he says 40.4 = 52.4. we just meant he himself says income tax is a portion of the total deduction and then goes on to call the total deduction income tax. On top of it all not all deduction is tax anyway, like there is insurance and stuff in it too. Saying that was kinda dumb you, that's it.
American mfs when they see taxes in different countries where they aren't completely hidden and obfuscated:
On god
Half my income isn't take tf are you living lmao
All i got is federal income tax, and social security.
@@doodlecaboodle9298 Great example
@@doodlecaboodle9298 There are only nine states that have no state income tax. Be careful, you just gave a lot of information about your location to strangers on the internet...
@@doodlecaboodle9298 How much of the price of your last car was used to pay for the car company's employee health plan? There is no magic money.
Japanese government: "why aren't Japanese having children?"
Also Japan: "hey! gib 50% of your income mf"
Dont forget long ass working hours XD
@@Hugulubugulu Well, yes and no. From what I've heard is that the working hours is about 8-10 hours. The problem arises when the higher up decides to stay long after-hours. The employees need to stay as well in order to not "stand out", be viewed as inconsiderate and disrespectful, etc.
To be fair that's for a salary of a million, no normal person is getting taxed near fifty percent
@@sugokudaisuki many that are working minimum wage end up getting food assistance, rental assistance, childcare assistance, and much more since they make too little to get by. this is what happens when there is a huge difference between the pay at the top and the bottom.
@@BatmanSpideyDa3rd Imagine them working in one of those black companies, making work feel even worse
Having lived in Japan the Tax was worth the Lifestyle and Infrastructure. Amazing place tonexperience short term
You could tell the tax money was put to good use is what your saying?
nah
@lil Walgreens cold and flu yeah no trash on the street trains aren't ever delayed really, I can't remember ever seeing a broken street light tbh, the police were actually respectful and helpful(most of the time) most of the hospital price was covered walking into a hospital and paying like 30 bucks was crazy as an American. Aside from the wack ass working hours and the unnecessary amount of paperwork it feels like taxes are actually being used for more than lining some politicians pocket
"Short term"
Yup, thats partially why my family came to America
Short term being the operative word, The Japanese Guberment has proposed an increase on taxes because of the Missiles from N.Korea that keep coming over, the people said no to increased taxes but we'll see
I'll remember this when I become a Japanese businessman one day.
You’ll remember to move to Texas so you can actually have your money
@@Industry-insider you'll remember to move to anywhere else without having to pay for healthcare, power, water, education and food.
Also, you don't get shot for being black.
@@yah_boy_fat_gabe8094 yeah you don’t here either, also all that shit is more expensive when the government does it, I’d rather actually have a choice on what most of my money goes towards, I can pay for those things myself
@@yah_boy_fat_gabe8094 you don’t get shot, but in some spots of Japan, mostly rural, some Japanese people can be pretty xenophobic.
@@Industry-insider by almost every metric services are always cheaper when the government provides them as opposed to when corporations provides them. Because the government doesn't need to be profitable, it just provides the service at cost. For example, without subsidies quality health insurance in America is between 7k and 15k a year as opposed to the 5k for rich people we see in Japan.
Italian be like: "you have an income after tax?" XD
Real Italian be like - " you have income"
Yeah currently italy is a shithole
In Qatar if u get a million you’ll still have a million 0 % tax
Why? I don't get it
@@h.d.5194 Apparently the taxes in Italy are way too high. My Italian friend told me it can get as high as 60%
Me : exists
Japanese government : there's a tax for that
Inhabitants tax 💀💀💀💀
You want it to call maintain all public facilities such as schools, roads, electric grid taxes? Does that sounds better to you? I rather pay more than half of my income in taxes if I don't need to worry. My kid can choose to go to university if they want to, it is free here. I don't need to worry about premiums and shit if I get sick, because my government is taking care of me.
*Stamp noise*
EU citizens: "that's darn cheap".
For those who are confused by the local inhabitant tax, they are actually 2 taxes combined: prefectural and municipal tax, that are 4% and 6% respectively. Those taxes don't go to the government, but to the local administrations that then use the money for things like improving and maintaining local infrastructure. So it's not that bad, I mean, that money is used to improve the quality of life in your city and prefecture.
On paper yes not bad.
“Local administrations” are the government dude
@@abigailstone823 Depends, where I'm from, local administration isn't viewed as government. Government is the people who govern at the state level, whereas local administration can only make decisions in the region or city where they are elected. They're voted separately from the government and can (and often have) different view on things than the government as they are people who are actually affected by the decisions they make. I guess it depends on whether you consider your city's or town's mayor as part of "government". I don't.
@@KyklopCZ-DaTrueOne Local Government (noun): the administration of a particular county or district, with representatives elected by those who live there.
@@abigailstone823 Yes, start throwing definitions from ENGLISH dictionary at me and start behaving like different languages can't have different words for the same concept, that have nothing to do with the word for "government" in that language and in the given political system are actually distinct things. Different languages, cultures and political systems obviously have different definitions, your country isn't the only country on this planet. Also since you started this English language nitpicking, you previously said that Local administrations are THE government, which implies that there's no other government which would make your country effectively a tribal state ;)
Most Celebrities in Japan live abroad because it’s so hard to retain value after tax
Oh no, they have to give back half their income for performing on camera back to the people who made them rich in the first place.
@@89Ayten
Most celebrities in Japan get famous due to working with private companies, not the government.
This is false lol
@@89Ayten Celebrities owe you and all their other fans absolutely nothing. You didn't make them rich, they did that themselves.
@@89Ayten Give half of your income if it's not that big of a deal. People shouldn't be punished for being valuable.
Well that crushes my dream of becoming a 1980s Japanese business man
Like you could ever become one in the first place.
@@smurgerburger It’s literally the most basic job you can get.
@@kurimu. you have to speak Japanese in order to be a Japanese business man bruh. Also, if a being a businessman so easy why aren't you one?
@@smurgerburger how much money do you make?
@@RohanShwarma 17 dollars an hour.
I started working and making myself a living and living on my own just a few months ago. Not gonna lie every time I calculate how much taxes I’m gonna pay this month makes me feel crazy and more and more respectful to my parents
That's exactly why young people are Democrats until they start making real money and decide that they no longer want to give half of it to the government to waste. Kids = Democrats; Adults = Republicans
Your parents did not pay as much in taxes as you will and you will not pay as much in taxes as you're children will.
@@rhysharrison1595 bro are you serious? *sigh*
You’re is a contraction of the phrase you are, as in You’re welcome or You’re my best friend. Your is a possessive adjective, as in your house or your car
So in your sentence it should be "your children will" and not "you're children will" because that's basically saying "you are children will"
Like come on bro English ain't that hard!
Me:🤓
@@rhysharrison1595 unfortunately..
@@Gozieaaa save some women for the rest of us bro
This pays off. First glance it looks deceiving. You can get a home of 500k in America for 1/15 the price in Japan. Cost of living is cheap. Great public transit. The people are quiet and respectful. City and urban streets are clean. No guns, violence and drugs. Well worth it.
There are guns in Japan actually, and 1/15th the price because the houses are 1/15th the size there are Japanese street gangs as well, and the cost of living depends vastly on where you live.
I have literally all of that where I live in America and I'm taxed 28%. My home and property are also 4x larger than the average home in Japan. I have better air quality and more room.
Yeah but it’s still Japan..
“You can get a home of 500k in America for 1/15 the price in Japan” yeah if you wanna live in a shitty studio flat LOL brainwashed anglomutt
@@phil352Chicago
In the USA, all of your money goes to car insurance, home insurance, and health insurance. You end up with: nothing.
Maybe if you're an idiot with absolutely 0 money management or life skills.
@@cyemonkey1828 Oh yeah, i'm sure that's the reason. Because it couldn't possibly be corruption.
Me 😭
And still you get the call from that guy....you know that. "......I was calling to tell you about the extended warranty....."
Not exactly true. I work in insurance and average car insurance is between 1-5k and home insurance is typically around 5-10k
Denmark with their casual 60% tax:
👁👄👁
and their way more than average quality of life for everyone*
@@thisone98
having more money is a better quality of life
@@mattguxxxtt9629 not always
@@thisone98 Most of their adult population is on anti-depressants and the chances of actually owning your own property are considerably lower in Denmark.
@@mattguxxxtt9629 "having more money is a better quality of life than quality of life" what
Dutch be like : what’s income?
😂😂😂😂😂😂
It's true. I live in Germany and wanted to work in the Netherlands for a few years for fun. Finding out that my profession is payed only half, about 50k, but living cost it twice the amount as in Germany
70% of Asia be like: whats taxes ?
@@TheDoomFan2004 it do be true doe
@@googleuser2016 De pijn is echt
If my taxes went to making my city run super efficiently and kept everything maintained I wouldn't be mad but our taxes just go to lining the pockets of the rich here in the US
Exactly. Nothing is improved
Well said!!!
Naw, that level of taxation is outright theft and it's silly to suggest otherwise.
That's the level of corruption that forces real men to kick off rebellions.
Lol
It also goes to the lazy and lousy people using welfare and whatnot?
Hence, rich people in japan establishes a company and pay cooperate tax which is only ~20-30% and make most of the expenditure company expenses to evade as much tax as possible
Completely understandable too. Even 20-30% is total robery
@@dumpnutz756 YEP 👍 Fuck paying all that noise 😂
@@zometthecomet lol
@@dumpnutz756 a statement said by somebody who clearly doesn’t understand taxation and it’s uses.
@@anarchosherman961 ah find the person is enjoys stealing from others and probably has a job that needs taxes to exist.
Meanwhile Swiss bank enter into the Chat
Tell us you don't know anything about money without telling us you don't know anything about money.
Or Swiss job, there you pay like 16 instead of 52%. The taxes are the same in Germany, also around 52%. So many people move to Basel and work there, but they buy things in Germany because it‘s cheaper there.
*watches wolf of wallstreet once*
@@Nonamesplease 🤓🤓💶💰💶
British Virgin Islands hijacked the chat.
Me (not living in Japan, and not making a million dollar, in fact I'm not even working) : this is scandalous!!
not really taxes pay the country... if u do no tax then u have to get money elsewhere... like in shares wich can pay off but also could make u loose big time...
@@luxaly9510 like every person in country paying 52% tax? Thats absurd, Here in UAE, its 20 times less and we are still better at managing our country.
@@mohammadzayaanzehgeer No, few people earn $1M and pay 52% in Japan.
I lived in Japan for a while and I think for basic living salaries it's quite affordable. It's just the more you earn the more you're taxed but for some countries it almost feels like the opposite the rich barely pay any taxes in comparison.
unfortunately this comments section is just brain dead and are riddled with capitalist brain rot so they won’t even acknowledge your loved experience and still say japan bad because taxes
How did you get the opportunity to live in Japan, I'd love to live there!
True
The issue when you have a system like this the people who benefit the most are those who make less money, so it removes the incentive for people to grind for wealth which in turn decreases innovation and technological improvement. However Japan seems to combat this with their extreme social stigmas surrounding social utility and excessive work culture
Then Mfers buy one painting, donate it and circumvent half of that shi
I doubt income tax can be lowered
@@everry3357 this is why modern art bad paintings are bought for crazy prices. You’re exempt of tax when buying it
@@everry3357 its not covered by income tax if you get it as bonus. Rich people will fuck you
@@nikolasha8554 well, im artist i know about art some things. Just to make sure... Modern art is often art, and its often good art, but it needs sometimes a little bit of thinking and experience. But often people use modern art concepts and turn them into something that looks like art and sell it for absurd ammount of money.
But it also happens with classical art.
@@mxpofficial3443 i meant most paintings used in that process are bad
It is not always about the amount of taxes. It is what you get in return for your taxes.
In other countries they get a LOT back for their taxes: paid medical leave, paid parental leave, paid daycare, free or near free college, universal healthcare etc
yankees can only dreaming bout this😂
Yeah and while it's their choice that's one of the reasons why other nations with lower taxes are more attractive because the individual gets to choose what he or she needs to support themself
@@colbalt95 not always. Everyone has their own value of attractiveness on a country. Switzerland ranks highest for quality of life, with Denmark closely behind. Switzerland has relatively low tax and Denmark has relatively high tax. Yet they're both similar in quality of life. Norway has a relatively high tax rate but has the highest HDI. Slovakia has the lowest wealth inequality, and has what looks to be a fairly average tax rate.
In general it does seem that countries with a slightly higher than average tax rate might be "more attractive", but again, attractiveness of a country is subjective. Governments should be much more efficient at providing necessary services than individuals and corporations due to scale, such as healthcare. Or building roads - imagine if you had to pay 10 different companies a fee to drive on their roads on your way to work? But less necessary services that only a few people will use are always a debate when it comes to personal choice.
found the American
Does japan have universal healthcare and free college?
I used to live in japan on about 800$/month.
I think I could have a good time with 476K. Probably retire after 3 years and live a great life there!
The food is amazing. So safe. Great health care. Beautiful countryside.
Yes please.
It's not necessarily that you can't live comfortably off of $400k. It's more along the lines of. Wtf is the government doing with all that tax?
@@Korean_Crayon paying for poor people to have Medicare, infrastructure, and then the good old military spending.
@@Korean_Crayon What Japanese govt doing with all taxes?
They doing what Japan is famous for with those money. Clean roads, better railways on time, better road infrastructure, better education system which makes Japan a favourite place for vacation and locals to settle.
Ladies and gentleman, let me introduce you to something I like to call, “Tax Evasion”. 😂
Bingo.
Here when I was young getting a second job was considered greedy AF and I would be working for around 17 cents for every dollar I made.
Then I got some oil drums and a beat up truck and took the drums to all the local mechanics and bought their engine parts.
Stripped them sold them for Cash and didn't bother the tax man.
And thats whay in Japan they call "arrest without a warrant"
Somehow I still believe that money is being used better than in America
because it is
Cope
At least you keep most of your money in America
@@amythomspon956 lol you've never owned a passport
@@amythomspon956 How much again to give birth or use an ambulance? You have to be in debt to finish college? Gun violence? Homelessness?
This explains why a lot of youtubers that move to Japan and get taxed in 2 countries at the same time complain about Losing a lot of money despite making millions
The fact that the US charges citizens living abroad taxes is ballsy as all hell.
there are tax agreements between developed countries, you declare on both countries but you don't pay tax twice. No one would move otherwise
@@w.williamlin if you file them correctly you don't pay anything but the IRS still demands you manually file them every year and even has forms dedicated to foreign made income and if you make a mistake you get fined and do end up paying taxes to two countries.
That's not normal.
@@privateinformatics6584 you don't get fine for making mistake before the deadline. They simply return that or not accepting your return. Take foreign tax credit or foreign income exclusion and you are good to go.
@@privateinformatics6584 if you want to extend deadline just file form 4868. You can do it online if you own taxes after 04/15 interest will be accrued.
Northern eroupe :let me introduce myself
Actually lower
Germans: Let me introduce our 60% in taxes and insurances.
@Dull Knife Why would a waitress live a worse life than the average person?
@Dull Knife
no one mentioned america but u are u insecure about ur country?
@Dull Knife that’s some serious fucking cope
Maybe!!! But have you been on the public transport there???? Amazing.
Also, the invaders are asian chicks.
I’m kidding. Half kidding.
52% ain’t bad for not going bankrupt when you sneeze wrong
When all the benefits are included, americans pay waaaayyy more than any other country for the same basic, necessary services, which are almost always significantly worse quality than every other developed country.
@@superkingoftacos2920 Yes, 5k for healthcare in taxes for 1 million is less than 1%, I pay 20% of my income for healthcare that isn't very good. I'd rather have higher taxes, Rent in japan is also much cheaper overall.
@@superkingoftacos2920 You’re telling the wrong person, i already know
Exactly. They act like 52% is the end of the world, but they STILL bring home more than the average American does in 10 fucking years lmfao. Like how much do you fucking need god damn. There’s people living off of 20-25,000 a year here.
Bro what? I swear people over exaggerate health care so much in the u.s.
Just like superman once said. "You can always just not pay them"
Yah.
But he is Superman.
No one can do anything to his ass.
He is free.
Even joker is scared of the irs
How i wish, I'm superman living in Japan 😂
Idiot American bs
@@enemdisk6628 cry
That's why Japan is clean and has nice roads 👌 and less homeless.
Less homeless? Not sure there are any/ homeless
There is a section dedicated to the homeless citizens.
i would argue is their culture more than anything. Do they put that money to good use probably, but if the people had the same mind set as Americans have it would just a be a discount commyfornia... meant californa
@@davidk4860 Culture plays a role. As does not having a gun culture or poverty. I'd also like to point out that it is the red states with the highest poverty levels and crime rates.
@Ron Mexico gun culture, lmao. Homeless is a problem but only really blue areas bc they cater to it. Could more be done sure, but we would need to fix our government first, which isnt happening. The poverty is true just like women get paid 72 cent or whatever on the dollar... If you just calculate broadly without taking into consideration the differences, then yeah, red states are of higher poverty compared to blue states bc blue states have higher cost of everything. Commyfornia, for example, 100k is just good enough to live by yourself, mean while in most red states you, your wive, and 3 kids could live comfortably off that 100k.
Tax rate in Finland is about 42 ,% our health care is free
Yeah because Japan actually has health insurance and they take care of their people
Amazing infrastructure. Zero crime. Accessible healthcare and education. Sign me up.
@@ronmexico9631 🧠💀 comment and people really think japan is like this 😂 japan has a sexual assault problem (cause most men get away with it by simply apologizing) , high suicide rate (probably from being overworked), age of consent is 13 so that tells u enough but yea make it seem perfect
I wonder why there's 0 crime, eh?
@@ronmexico9631 loads on nonces though
@@BlodbeardHammerbanned-pg9cm Many reasons. No guns. No poverty. Poor people steal out of necessity
people when thing: 😐😐
people when thing is from Japan: 😍😍😍🥳🥳👍👍👍🥰🥰🇯🇵🈵️🎎🏯
*American when thing is from Japan: 😍😍😍🥳🥳👍👍👍🥰🥰🇯🇵🈵️🎎🏯
これがcool Japanか…
すげぇ！！
Don't reflect yourself weeb
@Mak powa being a woman in japan is so cool 🥳😄🥳😄😄🥳😄😍🥰🥰
Japan raped an entire city in ww2
Australian: I've got a million dollar salary!
Australia government: You mean WE have a million dollar salary.
*Soviet anthem begins playing*
Same thing in canada
Ha. I thought it was a flat 45%?
Why I thought Australian tax is better than Japan’s
@@TylerBigHead Here in Canada it goes to 49.98% in Ontario.
35.48% if you get money on capital gains from a corporation...
@@aksmex2576 yeah im canadian bro, people in the top tax braket have ways of dodging it, but not with treadeus new wealth tax, I know people paying up to 65% onf their income to taxes per year
It will be really interesting when they leave and have no tax obligation to canada
The trade off well worth it imo. Been in Tokyo 4 years; I’m paid well, taxed high but it’s a class gaff to live in.
If it's good, why don't people want children?
@@khoirulanam9141 living costs are astronomical comparatively speaking, good childcare is lacking and also expensive outside cities. In cities too far from families to have support in help raising kids, no space to live in anywhere other than a little apartment. That’s some of the reasons.
@@khoirulanam9141 It's so good that for the past few decades they don't want to move to the outskirts to settle down and have children anymore because it's too fun to just stay in Tokyo
brother look at their life expectancy and public services oh my god its going to good things and an incredible standard of living
Health insurance, pension contributions, and unemployment insurance are not taxes.
Yes, but you are forced to pay them anyways. That's why Japan is great.
@@Mike20we in Indonesia it was also the case.
With Universal Healthcare you still have to pay Health insurance, it’s just government mandated.
@@lorddan7658 Nope, your taxes just actually fund social services instead of going to nothing. People in countries with universal health still pay the same amount of taxes as the US yet get so much more, wonder why eh.
@@Mike20we ah. I see it in Indonesia 5% tariff for lowest category it was around from 3500 USD/year gross if someone get income below 3500 usd/year they don't need pay income tax. Healthcare tariff for people that work in company was 5%, 1% pay by the worker from income after tax and 4% by company as allowances. Pension fund was 5.7% with 2% from before tax income (it was part of deductible income regardless of income) and 3.7 by company as allowances. Yeah the quality of health system is not the best in the world but certainly acceptable from many peoples because almost every procedure and medicine was part of the system so majority we don't need to pay again except transportation to clinic or hospital. (The cons side of that was queueing get very long, healthcare service server and system down so get fall back to manual operation with pen and paper that was very long, etc). For comparison minimal wage in the capital was 290 dollar/month/43k yen (and normally for unskilled blue collar worker) and price of house in the suburban (1 hour journey with train to central Jakarta. Tariff around 0.7 USD/100 yen one way for that journey) around 50-65k USD/9.7 million yen for new home before administration and land tax (you can get apartments/apaato or we called rusun because apartment as word have connotations like mansion in Japan. Rusun was around 20k USD/3 million yen before tax but well many middle class people hated that and more willing to take longer route than buy it, it was relegated to gov subsidize scheme credit for very low income people).
I got a half Japanese cousin who doesnt have a job and is still alive in Japan, all he said is that the government "help" him.
He should read Dr. JBP's book "12 times for life" :)
Good. He doesn't deserve to die just because he doesn't have a job.
Leech
@@ubayyd 12 rules for life bro
@@ubayyd Why? JBP says to set your house in order before criticizing the world, but he was doped out on benzo. Why listen to him?
Excellent healthcare, excellent public services, excellent public transportation. Worth every penny.
A lot of the transportation, while great, is actually owned by private companies though and the fare can actually be quite expensive
@@ShellyTheSeal even if they are private they are heavily subsidised
If your working in japan transportation fee is free of charge also called as transportation allowance ,company will pay for you
If it's good, why don't people want children?
@khoirulanam9141 Because educated people have less children. Same reason why third world countries where the wage is rock bottom and shit is flowing through the street like India still have massive population growth. Not an economic issue.
Alaska: “low taxes and we’ll pay you to live here”
Where do I sign up
Count me in lol
High murder rate in Alaska
As 18 year old I am already having headaches about tax in America.. I never knew about tax that much up until now 😂
You'll get used to it
You shouldn't pay them
Where i live the government does your taxes automatically. American system is dumb because the government knows how much you need to pay but they still wont tell you easily.
@@Jebu911 Not really. They have an idea but how much you actually pay can differ depending on what tax deductions and tax credits you qualify for. The IRS only estimates how much you owe.
@@SpazzHobo It's been lobbied a shit ton by companies whose business it is to do peoples taxes lmao. The IRS could help people with their taxes a lot more than they do, easily. They just won't. There's no actual logical justification for it
Judges and Politics in Argentina be like
"What are taxes?"
"tachawhatnow?"
At least it doesn't cost someone million dollars to go to the doctor
Nah that 1mil goes to just being in the waiting room. To see the doc is an extra 1mil
Damn, If PewDiePie earns 16m
Then Japan gets like 8m per year
Well yes, but actually no
Personal income, yes. Capital gains, no.
Why do you think there are so many bosses that say "I have 0$ in wage. I am such a good person" etc. It is because capital gains tax is LOWER!
That's why their country is nice though, they make the wealthiest citizens contribute.
Tax evasion: allow me to introduce myself
Tax evasion is a sin my bro unless the cause they tax you for is already sinful in itself
local inhabitant tax higher than expected tbh
You’re living like a freaking king without amount of money in Japan
Not true at all
@@anamebanane7431 Except it is.
"Ooh, taxes bad!" I'm willing to give 70% of my income to have good services like healthcare, transports and a good pension instead of having to deal with an open market who tries to spill every last cent from me
Thats all you, dont expect other people to feel the same way. If I bust my ass at work, I expect to see the fruits of my labor. Bullshit my moneys gonna go to someone else
Every bureaucrat in DC was salivating watching this
Naw they only wanna tax you if you’re barely making enough to get by. I wish our millionaires got taxed this much
Japan has some of the easiest tax loopholes tho
Wait. They can keep some of their money?
*cries in German*
My son works in Germany and keeps less than half his salary. However, medicine, education are free and good.
"taxation is thefttt!!!"
*Looks at HDI by country*
*Looks at tax by country*
*Realizes the functional relationship between the two*
People hate taxes until they need to use the services that taxes fund 😂
@@keikei2942 lol
you forget to look at the birth rate, what is the point of smooth roads, free schools, free health care, when no one wants children. and ends with a city full of childless elderly people waiting to die. taxes are good if they are proportionate if they are too big you will see money flowing into countries with low tax rates.
I wonder what their tax write offs look like???
Probably not good. Americas one of the few countries that allows tax loopholes
entire toyota century
@@frwystr lol
@@basedbane787 also illegal
@@vive335 illegal in name only
It's called Japan which is one of the MOST educated, cleanest and safest country's on earth🌍
🇯🇵🈵👌
RIP Pewdiepie’s income
He's from Sweden, so he's probably used to these kind of taxes.
@@Sedeerah He did a video on Sweden, it only had 49%
That local inhabitant tax varies largely and I garuntee you just picked the largest one
What's the range of the tax? Either way......almost half the income is just gone! Lol another reason why I love when people bicth and complain "Just tax the rich more!" "Eat the rich" etc.... like dudes rich people are already being taxed out the WaZoo🤦🏼♀️
@@nic0lemari338 half of it gone, but you don’t have to pay extra for any health problems, your pension is cared for and your streets aren’t a mess. I take that any day compared to the crap I hear from the „free“ USA.
@@nic0lemari338 How much tax does apple pay?
@@nic0lemari338 My parents used to make around 50k a year, after all of the taxes, bills, and insurance are paid off, they were left with roughly 15k which needs to be saved for retirement, mine and my sibling’s college funds, and basic necessities. Oh my goodness, the horror the millionaire must have to go through to have to be left with a messily 450k, where they most likely have a lot more than what they’re writing down. Cause let’s be honest, everyone will do anything in their power to avoid paying taxes.
A tax rate is a percentage at which income is taxed, while each tax bracket is a range of income with a different tax rate. We have this in America, it’s just crap. If you take into account people having to buy food, clothes, a house/rent, heating, water, electricity, transportation, school, basic necessities, the poor don’t have shit afterwards, but are still expected to hand over a third of their income. All the while you’re complaining about the upper class being sad that they are left with enough money left to buy 3 lambos and still have enough left for a trips around the world in first class yearly. When people say tax the rich they mean the top 5% who are making over millions and are avoiding paying their taxes through shitty business practices, and taking advantage of poorer countries’ free labor and tax deductions.🤦♂️
@@nic0lemari338 the usa and Japan are much different and plenty of tax loop holes in the usa unlike Japan.
So that's why they're all stressed out of their minds
No, actually, it's the incredibly toxic soul-crushing work culture.
@@trashcubed4788 I mean I imagine those taxes would be part of it because they have to go after jobs that are like that to make ends meet :)
@@trashcubed4788 Yes sherlock, don't you think if they had more money they wouldn't work soul crushing hours. Tax is bad, just outright.
@@tarektechmarine8209 This video is showing tax for a million dollars. Tax brackets exist. Taxes are not, in fact, bad; as a society NEEDS public resources to function. If you didn't have taxes, you would need to spent that money anyways on healthcare, infrastructure, school... except, in that case, you're incredibly vulnurable to exploitation by said private providers and you'll end up enslaved to private companies and an ever growing wealth gap. Yay!
@@trashcubed4788 Just like, well I don't know... That country next to Canada, whad do you call it again... Uh.... You know, that third world country.
For those taxes he doesn't have to pay for medical care, and if he loses his job he gets a huge chunk of that money back.
Americans just loudly not understanding anything because their country is a dystopian nightmare.
“Local inhabitant tax”💀 who comes up with this
in japan, if you leave the country for work, you don't pay taxes on that income.
You do pay an extra tax if you stay there. So this, in theory, is one of the good taxes.
Like as an amereican, i lived in singapore and worked for 6 months. I have to pay 100% of my income as taxes to US government, AND pay taxes to singapore for living there.
If i was japanese, i would avoid paying that tax, since i wasn't living in japan for that 6 months, and instead would have to only pay the singapore taxes.
Dumbed down version of how it works, but that is the idea, you pay more if you actively live in the area.
you call it water bills, electricity bills, property tax
I finally understand why the japanese are so interested in german culture
Taxes are pretty high in germany too.
@@venexo1434 that was my point bro
@@Zalingan Oh I thought that you meant they are interested because you thought they were low. Sorry
@@venexo1434 No worries man
*Laughs in european*
*Laughs in Germany*
@@Ut3zez laughs in baden-württemberg
@@lollel1078 laughs in Landkreis Lörrach
@@Ut3zez Germany has crazy high Taxes what you on?
*Laughs in Norsk veie*
The taxes aren’t the problem so long as it goes to the right things the corruption is the problem.
it's a problem because people that actually can be more productive just stop producing value because it will just be stolen.
Taxes effectively makes people stop being productive to a point. Or move to a location that gives them more value crushing your "welfare program" that just incentives lazy people.
Stealing half of people's earnings is corrupt.
@@gregoryl.levitre9759they earned that money from society, the least they can do is give back
This income tax is insane
Yup, even for lower salaries it's the same. I'm on my 6th year on the JET Programme (last special year contract because of the pandemic), and with the highest salary we can earn, ~3,960,000 yen, which is only equivalent to 26,668.91 USD (on October 14, 2022)... So minus 40% for all those taxes, insurances, pension, etc., there isn't much left annually to pay all our bills, rent, food, etc. 😥
@@marie-michellefortier2993
That's so cruel 🤯
In Japan I get it though. They have really good amenities like top notch public schools, healthcare, free university education& extensive public transportation. In the USA it doesn’t make sense to pay that much because you don’t see your taxes at work. Even you pay super high taxes.
Oh no. I feel so bad for everyone in Japan making a million dollars per yer. How ever could someone live on only 430,000 dollars a year 😢
Wait until they decide to tax the average salary 52%
@@garrysmith1029 they won’t lol
@@rudytabooty8640 still pretty high tho
@@insertmoney2189 eh not really compared to most countries tbh
No way you cant see a problem with extorting 52% of someone’s value…?
High taxes means high benefits. All medical expenses are free to children 10 and under. All other medical bills 70-100% covered. FOR EVERYONE! University costs are subsidized/low. Support for the elderly and disabled is readily available at no/little cost. It's not a bad deal. I happily pay those taxes.
That explains the suicide and depression rate
Imagine having half a mil after taxes every year and being mad about literally anything. I'd be too busy sippin mimosas on my yacht to be doing tax math.
Facts. I got no beef paying taxes. They don't stop me from relaxing or enjoying the well taken care of cities I've lived in
not to mention the taxes actually go back in some way.
They take half of what you earn. Therefor half of your time spent working is time not spent on yourself. Ask: did the government do half the work you did? Are there enough benefits to living in that society to make their claim to half your earnings and half your work time legitimate? Free health care, smooth state services, clean streets and amazing schools? Everything else that could be ? Wouldn’t it be more fair if they took 20-30%?
@@SlackerXYZ what city do you live in?
@@Slayer119988 sounds a lot like your talking about Americas/europes use of taxes.
I don’t live in Japan, so I’m ok.
I don’t have a million dollars, so im ok.
@@krinos1 exactly
There’s a reason why their economy peaked 50 years ago
people who will never make a tenth this amount: grrr
meanwhile the tax rate for them in japan would be much lower. But hey They MIGHT become rich, and when they do they dont wanna pay their fair share.
But the tax is lower because they're obviously in a lower tax bracket.. Since they're making less.. Do Americans not get taught this?
Try explaining dynamic percentages to them 💀
@@120mmsmoothbore2 I just saw an American dude who thought private services were cheaper than public ones, talking about Healthcare ffs
Americans are called dumb fora reason.
Argentina: Acaso veo un digno rival?
Try sweden i believe its over 50% income tax
En los Paises Bajos en lo mismo
Japón funciona bien como país. Argentina está en estado deplorable.
@@triumvir_hunt In Argentina if you export and get paid in international currency the gov will grab that money and force an exchange rate on you that is 50% what the market indicates.
And that is before taxes...
En argentina podes evadir impuestos toda tu vida sin problemas, si acá te olvidas de pagar un yen, te agarran de las bolas. Nunca pagué un impuesto en Argentina, en Japón les entrego el culo si me lo piden, porque ellos no joden con eso y en especial si sos un inmigrante.
This is really great information for CEOs.
Why ?
@@pureevil4509 Cos CEOs are the only mofos on $1m
You see any homelessness , crime or violence in Japan ? No is the correct answer. it's clean and has services for all .
Wow being millionaire sure is tough 😩
Ikr ? Imagine ONLY having 500k instead of 1 million.....
so hard. and dude that money they take ? Totally going to waste... it's totally not to build shit for people, make the place better etc, they're just commies taking your money !
seriously the whole comment section is like that it's ridiculous.
Yes Imagine geting only 500000 dollers so hard
Spin it how you want. Taxing someone 50% of their income is theft....no matter how rich they are.
@@randomguy3034 spin it how you want, gettinf paid getting 500k is enough to live extremely well.
Spin it how you want, in countries like japan or northern europe where the taxes are "high", it's not for nothing.
Try to stand out in the middle of all this comment section and turn on your brain.
You get public transports, you get healthcare, you get social services.
But yeah i guess only living off of 50X the salary of some people is hard...
@@randomguy3034 theft? Its Not Like for that you get so much provieded by the country If your Boss would give you more benifids insted of a raise would you call that theft? Only when you See how much they Take its feels Like theft
That's great. I mean look at LA. This culture doesn't litter, has a strong focus on education, and low crime. Not a bad deal at all.
Walkable city structure, top-tier metro, insurance that practically pays *you* for going to the hospital
Japan puts its tax dollars to work, unlike the US where 50-60% of it goes to military spending
@@Kirbyterasu Now imagine if the US actually cared about the wellbeing of its own citizens instead of other countries...
@@thekrimsonchin6023 it's not so much that the US cares about other countries more, it's that the US does and has always put the needs of corporations over the needs of workers
Germany- HOLD MY BEER ..
Japans health care tho is A1 to me an American 😩 when I had to get my wisdom teeth out I fr only had to pay $3 each tooth
Because they already took the big payment from your salary and taxes. Nothing is free or cheap.
@@andyleo8418mf the taxes of us are higher than Japan too. So comparitively it's a good thing.
@@andyleo8418 I know that… not once did I say it was free or cheap I just said A1. But tbh it was WAY cheaper than where I was born.
I'm a Malaysian and i already see a lot of Japanese people here behind these lately. I mean I've never seen them a lot before.
Spain: "looks we have a challenger here, huh"
Por lo menos hay paro 🤣
I’ll still take that Lmaooo
Literal robbery don’t give these clowns in the government money
Meanwhile IRS: you need to pay your taxes but we wont tell you how much you need to pay
At least they are getting a safe and clean society in return.
Safe for men
Its safe because there are few brown people
@@Josh-jw3goyes because the fact that they're brown means they're dangerous to be around. GFY 🙄
people in the comments acting like they'll ever be millionaires 🙄
If I buy enough online courses from millionaires I'll be become the world's first gumblezillion-aire. Just you wait bitchass
Neither you will be one too
People in the uk wonder why pensions are so low compared to Japan and Germany, because you pay little in ni. Uk government need to start charging like they do in Japan.
We should have a sovereign wealth fund to pay for benefits pensions etc
@@PaulGregory-jn5pn issue in the uk people pay very little in ni so it won’t work people in this countries pay far more in and people don’t want to pay into their work placed pensions so what will make them pay more into a state pension.
Bro that's just a straight robbery
For people who make more than a million tough. What’s more robbery? Being forced to pay 50% if you make 1,000,000$ or being forced to pay more than 2,000$, or 5% if you make 40,000$ (more in line with the US) ? What has a bigger impact to a real person’s personal finances and quality of life? What takes more food away from a kid’s table?
Laughs in Dubai, 0% tax income😇
But I tax your mom
Ah yes Dubai, the hub of modern day slavery
@@user-cq7zv4go9f yea well Adrian, you are brainwashed and misleaded. Dubai has labor law and rights are protected.
@@sa5er1234 yeah right, just like every other country. those are always followed
@@Briskies702 dont know about other countries, i am just speaking of where i live.
Guess nobody understands that you can infectious be happy with 450k a year as long as all the expenses are paid for.
Which they are.
Because those would be your taxes.
Good that's a good thing they have a great healthcare system, pension and public transport. The cities look beautiful and clean. It's worth it!
I love how country’s say they have “free healthcare”
As someone living in Canada, it gives me brain damage. Taxes so high and it's a stretch to say they have healthcare here at all, nevermind 'free'.
Yeah. It's not free healthcare. It's taxed healthcare.
Try explaining it to American college kids lol
I’m Canadian with not even 1/5 of that we pay 6 times Japans healthcare just to wait 3 years and counting for a surgery
I broke my knee while in Germany and got first class treatment. I’d gladly pay so everyone could have access to that kind of care.
Does anyone here remember the U.S. income tax brackets before Reagan, which was also before the National Debt exploded?
We’d have a stronger economy if we reverted to those brackets. With those brackets we increased infrastructure spending, increased domestic social services spending, managed an intensive Space Program, and fought the Vietnam War, all without increasing the National Debt as a percentage of GDP. We had the public revenue to pay cash for all that.
Currently, I run a real estate investment business in Japan and earn about 4.5 million dollars in net income a year, but when I move on to a business, I not that much pay tax. Japan has many tax savings when investing in management abroad.
Disgusting taxes
It should NEVER have been a thing
More than half of that money,stole