2. The Level of Taxes (in Percentage and Revenue)
45.0% 42.0%
40.0%
35.0%
30.0% 27.0%
25.0%
25.0%
20.0%
15.0%
15.0%
10.0% 8.0% 8.0%
5.0% 3.6%
0.0%
VAT 25.7%
Labour Market Contribution Tax on stock income under 6478 Euro
3. The Revenue of Different Taxes
Million euro
6994.39
20359.76
Business Taxes
VAT
25277.85 Personal Taxes
Other Taxes
35555.62
The highest marginal tax rate (direct taxes) is 56,1 pct. The highest marginal tax rate (direct and indirect taxes) is 68 pct.
Explanation: On the vertical axis you see the level in percentage of each tax. Therefore the figure above is simply a descriptive view on various Danish taxes and the revenue of each of them. In fact you have to add the taxes seperately, as they in the above is not added.
The figure shows how large the revenue is of different groups of taxes.
And now you probably think that Liberal Alliance is not actually a liberal party. Therefore I’d like to tell you how the Danish political system has evolved over the last 30 years.