Where do Denmark get most of their money?

Taxes are the primary source of revenue for Denmark, as they are for most countries. The Danish government collects taxes from individuals, businesses, and other organizations. The government also receives revenues from other sources, such as fees, fines, and interest income.

Here is a breakdown of the Danish government's revenue by source (2020):

* Income tax: 36%

* Value-added tax (VAT): 21%

* Corporate tax: 14%

* Social contributions: 12%

* Excise duties: 7%

* Property taxes: 3%

* Other: 7%

Personal income tax rates in Denmark are progressive, meaning that the higher your income, the higher the tax rate you will pay. The top personal income tax rate is 56%.

The VAT is a consumption tax that is applied to most goods and services. The standard VAT rate is 25%.

Corporate tax rates are also progressive, with a top rate of 22%.

Social contributions are paid by individuals and their employers to fund public services such as healthcare, education, and unemployment benefits.

Excise duties are taxes levied on certain specific products, such as alcohol, tobacco, and gasoline.

Property taxes are paid on real estate.

Other sources of revenue include fees for government services, fines, and interest income.

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