Well, I guess this guy moved to Germany so he would ONLY have to pay 50% taxes. One of my old German landlords years and years ago, told me he would be a very rich man if he did not have to help upkeep most of his neighborhood by paying 50% in taxes. He told me that was the amount he had to pay every year.
From the original NYTime article:
“Now he is ensconced in Frankfurt, setting up a new business on the side and planning to pay no more than 25 percent of his income to the German state.
I think that is an average income tax rate, not a marginal, and does not include sales taxes.
Been more'n that in Denmark for decades =