Total tax paid
5,416 元
Did you know your employer also pays tax on your salary? It costs the employer 2,898 元 to pay you 8,700 元. In other words, every time you spend 10 元 of your hard-earned money, 6.23 元 goes to the government.
Real tax rate
46.7%
So, with you and the employer both paying tax, what used to be a 28.9% tax rate now rises to 46.7%, meaning your real tax rate is actually 17.8% higher than what it seemed at first.