#162 How Much Is $1 Million Around The World?
The Makeshift Podcast
The Makeshift Project
4.8 • 559 Ratings
🗓️ 6 November 2025
⏱️ 49 minutes
🧾️ Download transcript
Summary
Revealing what $1 Million looks like in different countries after taxes, debating if you would take money for a random number of years left in life, how early Christmas decorations can go up, and more!
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0:00 WHAT DOES $1M LOOK LIKE IN THESE COUNTRIES?
4:31 MAKESHIFT UPDATES!
7:02 $100M NOW, BUT YOU GET A RANDOM NUMBER!
11:14 WHEN ARE CHRISTMAS DECORATIONS ACCEPTABLE?
16:41 ARE WE OFFICIALLY OLD OR NOT?
23:07 ARE YOU IN THE TOP 1% FOR YOUR AGE?
28:00 LEBRON WITH 4 RINGS OR 1?
36:15 WHO HAS THE BETTER SHOWS, MTV OR DISNEY?
40:52 KIM KARDASHIAN SAYS MOON LANDINGS FAKE?
43:11 ZACH THE MENTALIST!
47:06 MEMBER SHOUTOUTS!
Transcript
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| 0:00.0 | This is what $1 million really pays you after taxes around the world. Around the world, yeah. Yes. Okay. So I have a bunch of countries. We're going to start at the people that make the most money after that million dollars, and we're going to go down. Okay. Okay. So Monaco, Saudi Arabia, Qatar, and the UAE, guess how much tax they take from the people? I don't think those places have taxes. I think they take zero dollars. They have a zero percent tax rate. So if you make a million dollar salary, you take home a million dollars. Isn't that nice? Yeah. I guess do they like pay back into the government anyway? I have no idea. I've never been to any of those places. Yeah, I'm just wondering how they operate, but that's why I'm not a politician. I have been to Saudi, actually. You have and I have to. I still have no idea how it works. I think |
| 0:40.0 | it's literally just because they have so much money from oil. Oh, that they don't need money from the people. The oil fuels the economy, got it. Singapore, guess what tax percentage they take from the people? Singapore seems small. |
| 0:51.0 | I feel like it's a low percentage. |
| 0:52.7 | Let's go like 5%. |
| 0:53.9 | That's what I'm feeling. |
| 0:54.8 | They take 20.8% tax from the people. |
| 0:57.4 | So if you make a million dollars, seems small. It is small. I feel like it's a low percentage. Let's go like 5%. That's what I'm feeling. |
| 0:54.8 | They take 20.8% tax from the people. So if you make a million dollars, it's $792,000 you bring home. You thought I meant small as in size. I meant in terms of how much they're taxing. Sure. You said it is. Hong Kong. Okay. Hong Kong, guess how much tax percent they take from the people. Hong Kong seems like it's a small tax percentage as well. I'm going to go 10%. It's 15.4% tax. So if you make a million dollars, you take home 846K. Okay, that's not bad. What about Singapore? Singapore. The people are singing. They're not. They're not singing. Because they're getting tax, Brian. I think this one's high. I'm going to go 30%. Okay. It's 20.8% tax. |
| 1:29.7 | So if you make a million, |
| 1:30.6 | you bring home $92K. What about Brazil? Brazil? Oh, good old Brazil. Aren't they like in a funky government financial situation? I have no idea. I think you're just making that up. I think I am too. Let's go with 35%. Okay. 27.6% tax. If you make a million, you bring home 725K. I'm shooting too high. What about Mexico? Mexico is probably getting closer and more similar to the United States. Let's lock in. Let's, this one's 35%. I know. I know it is. It's very close. It's pretty much spot on. 34.3% tax, million dollars, you bring home 657K. What about the USA, Texas? And Texas specifically. Which is the lowest tax in the country, I think. Okay, it's still got to be higher than 35. Let's go 41%. It's 35.4% tax. So if you make a million dollars, you bring home $6,000. I think it's an income tax thing, right? What about the UK? The UK, United Kingdom. That's what it stands for. Hmm. That one I'm going to go 41.2%. 45.1%. You bring home 549k if you make a million. Germany. Germany. 43. No, it's higher. 47.8%. 46.9%. You make a million. You bring home 531. USA, California, which I think is the highest tax in the country. Yeah, that one's up towards like 49, maybe 50.1%. It's 47%. So if you make a million, you bring home 530 K. |
| 2:52.6 | What about France? |
| 2:53.6 | They seem unhappy. Maybe that's why they're all angry. |
| 2:57.6 | They are pretty rude sometimes. |
| 2:59.6 | Let's go it's 60%. |
| 3:00.6 | 54.4% tax would be ridiculous. |
| 3:04.6 | I know it would be, but it's not that far off. |
| 3:06.6 | It's 54.4%. So if you make a million |
| 3:08.5 | dollars, you bring home $456,000. And the last one, the highest tax country in the world, Japan, |
| 3:15.5 | guess how much they're taxed? This is why their cities are clean. All the money's going back into the |
| 3:19.5 | country. 100%. Let's go with 58%. 55.9% tax. So if you make a million dollar salary, you only bring home $441,000. I want to say that's stupid, but they're clean country. They're doing fine over there. I guess it works for them. Have you ever been there? I've never been there, but I've heard about it. You think they're doing fine? Are they doing fine? I have no idea. Never been there. I just think they're clean from what I've heard and I had a few friends go there and they said |
| 3:44.3 | Japan is one of the best countries to go visit. I've heard that it's amazing to go visit. My friend Nick went, he said it was awesome. He said the food's great. The people are very nice. So maybe we've got to tax more you're saying. us tax more. |
| 3:54.5 | That's what you're saying. |
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