Originally Posted by
SpGo
You need to brush up your maths a bit!
50% tax is applicable to the amount not to the percentage of pay loss, Sarah is correct.
(150.000 pre-tax is +/-76400 net, 10% less, 135000 is 68900 net, which is 7500 or 9,8% less)
You need to brush up your understanding of tax a bit! Income tax is graduated - you don't pay the top rate on your whole income. Tax rates in Norway start at 22%.
I have no idea how much pilots earn at Norwegian, so I can't make the calculation. But the net cut will definitely be less than 10% because of the graduated tax rate.
For example. If someone earns 200k, and 100k is taxed at 25% and 100K at 50%, post-tax income is 125k. Reduce this by 10% to 180K and post-tax income is 115K, a reduction of 8%.