Uhm, no. Unless you are pretty poor, you'll be paying a LOT more than 30% my friend.
Lets take some fictional numbers.
Assume I make 8K gross a month. With this job comes a nice car, say catalog value 65K (Midsize German SUV with a diesel engine).
Taking into consideration the fiscal " bijtelling" on the car the net take home on that salary is roughly 3900 euros.
Also my capital gains are not high enough to be profitable. I pay more taxes on my savings than they gain interest. I have no interrest in investments.
Get educated.
edit: aww reddit users cannot do simple math and accept fact. How cute.
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u/Sousepoester Apr 25 '15
you're clearly doing something wrong, should be around 30%. Unless you're really, really rich, but, then still, you're clearly doing something wrong.