Countries With The Highest Tax Rates

Tax rates vary greatly from country to country. While there are some countries with a 0 percent tax rate, you can expect to pay over half of your income in other countries. Belgium may have the highest tax rate where individuals in the highest income bracket can expect to pay about 64 percent of their income to taxes.
Many other European countries aren’t much better. Finland has a highest tax rate if 62 percent and Sweden’s highest tax rate is 60 percent.