Total tax paid
12,778 元
Did you know your employer also pays tax on your salary? It costs the employer 6,968 元 to pay you 20,000 元. In other words, every time you spend 10 元 of your hard-earned money, 6.39 元 goes to the government.
Real tax rate
47.4%
So, with you and the employer both paying tax, what used to be a 29.1% tax rate now rises to 47.4%, meaning your real tax rate is actually 18.3% higher than what it seemed at first.