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Countries With the Highest Income Tax Rates (CNBC)
Countries With the Highest Income Tax Rates
1. Aruba
Highest income tax rate: 58.95%
2. Sweden
Highest income tax rate: 56.6%
Average 2010 income: $48,800
3. Denmark
Highest income tax rate: 55.4%
Average 2010 income: $64,000
4. Netherlands
Highest income tax rate: 52%
Average 2010 income: $57,000
5. (Tied) Austria
Highest income tax rate: 50%
Average 2010 income: $50,700
5. (Tied) Belgium
Highest income tax rate: 50%
5. (Tied) Japan
Highest income tax rate: 50%
Average 2010 income: $53,200
Average 2010 income: $52,700
5. (Tied) United Kingdom
Highest income tax rate: 50%
Average 2010 income: $52,320
9. Finland
Highest income tax rate: 49.2%
Average 2010 income: $49,000
10. Ireland
Highest income tax rate: 48%
Average 2010 income: $50,400