Total tax paid
70,939 元
Did you know your employer also pays tax on your salary? It costs the employer 11,545 元 to pay you 170,000 元. In other words, every time you spend 10 元 of your hard-earned money, 4.17 元 goes to the government.
Real tax rate
39.1%
So, with you and the employer both paying tax, what used to be a 34.9% tax rate now rises to 39.1%, meaning your real tax rate is actually 4.2% higher than what it seemed at first.