Top 7 Countries with the Highest Tax Rates

No. 7: Japan: 50% for an income of at least $228,000

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The average income tax in Asia is around 23%. Japan has more than double that. Nonetheless, only people making a lot of money are required to pay such high taxes, making Japan one of the top countries with the highest tax rates. The average salary in the country is around $53,000 and the 50% tax requirement applies only to those making over $228,000.