The Finnish money paradox – highest incomes in 2012

  

To those who have lived in Finland it is very well known fact that talking about your salary or income...

To those who have lived in Finland it is very well known fact that talking about your salary or income in general is a taboo. However (and this is the paradox), every year in October the tax office will make public the earnings of every single individual! There’s even a newspaper for it called Veropörssi.

Today all the newspapers are full of articles discussing the incomes of various public figures in Finland (who’s income increased / decreased, who had the highest “mätkyt”, and so on…)

Here’s a list of people with highest total income in 2013 (hs.fi): Top 100 Finns with highest income in 2012

To make the most out of this, here some tax vocabulary:

vero = tax
mätkyt (slang., pl.) = (syn.: jäännösvero) residual tax (extra money to be paid later because declared income was smaller than actual income)

tulo = income
ansiotulo = earned income (usually salary income)
pääomatulo = capital income (e.g. from dividends)
veroprosentti = tax percentage