Total tax paid
69.68 元
Did you know your employer also pays tax on your salary? It costs the employer 43.16 元 to pay you 115 元. In other words, every time you spend 10 元 of your hard-earned money, 6.06 元 goes to the government.
Real tax rate
44.1%
So, with you and the employer both paying tax, what used to be a 23.1% tax rate now rises to 44.1%, meaning your real tax rate is actually 21% higher than what it seemed at first.