"For the wealthiest, the taxes approach 30% of income and instead of a tax bracket system, you have a series of compounding taxes (something like 5% of income over 40k + 5 % of income over 50k etc). Every additional dollar you make puts something in your pocket. No nasty "I moved up a tax bracket and so I took home less this year!" surprises"
Is this not precisely how the American tax system works? At no point will you ever lose money by making an extra dollar. Each tax bracket is marginal; taxing only the money in that bracket.
My error. You are correct. However, the total tax rate is less, and there are no income taxes that are not progressive (social security is non-progressive because of the tax cap in the US).
But more to the point the taxes are easier to fill out, and payment terms are a lot easier than in the US. If you have ever been self-employed and struggled with taxes because of sudden business increases partway through the year, you will know what I mean......
Is this not precisely how the American tax system works? At no point will you ever lose money by making an extra dollar. Each tax bracket is marginal; taxing only the money in that bracket.