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Ahah, it's always expensive time for the french taxpayer -- always have been! They even have recursive layer of taxes, where you pay taxes on amounts that have.
by buserror 5y ago
Ahah, it's always expensive time for the french taxpayer -- always have been! They even have recursive layer of taxes, where you pay taxes on amounts that have... already been removed from your revenue as... taxes.
- sofixa 5y agoThat's not what recursion means. There are income taxes on your whole income (- a base provision for living expenses), and you can deduct certain things ( like donations to nonprofits) from the taxable income.
- buserror 5y agoI know what recursion means thank you so much. If you get $100 income, get a 20% tax on that, and then get another 20% tax on... not $80 but on the /previous/ $100, you are paying recursive taxes. Thats what the old "CSG" was (replaced by something else but in the same 'spirit'), in france. You are being taxed on amount you already been taxed on.
- sofixa 5y agoYes, all taxes ( i include social charges and stuff like healthcare, retirement, etc. payments) are counted based on your total income - some provisions.