How Does Mexico's Tax Burden on Individuals Compare?
How Does Mexico's Tax Burden on Individuals Compare?
US Dollars
$0
$2,000
$4,000
$6,000
$8,000
$10,000
$12,000
$14,000
$16,000
$18,000
$20,000
$22,000
$24,000
Employer Share of Payroll Taxes: 10.5%
Employee Share of Payroll Taxes: 1.2%
Income Tax: 7.9%
After-Tax Income: 80.4%
10.5% Employer Share of Payroll Taxes
1.2% Employee Share of Payroll Taxes
7.9% Income Tax
80.4% After-Tax Income
Share of Revenue from Individual Taxes
21.1%
Share of Revenue from Social Insurance Taxes
13.5%
Capital Gains Tax Rate
10%
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