Total tax paid
653,516 元
Did you know your employer also pays tax on your salary? It costs the employer 138,534 元 to pay you 1,600,560 元. In other words, every time you spend 10 元 of your hard-earned money, 4.08 元 goes to the government.
Real tax rate
37.6%
So, with you and the employer both paying tax, what used to be a 32.2% tax rate now rises to 37.6%, meaning your real tax rate is actually 5.4% higher than what it seemed at first.