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So, the reason I sent you that link is if you look at the numbers, that 21k per month pre tax turns into 8k cash in hand per month after tax. That is nothing s
by throwawayacc2 4y ago
So, the reason I sent you that link is if you look at the numbers, that 21k per month pre tax turns into 8k cash in hand per month after tax.
That is nothing short of insane to me. That is almost 3 quarters of your money taken by the government. Maybe you can live with that. I can’t. It’s insane to me. I simply refuse to participate in that.
As for taxes, I get your point. Sounds good in theory. Until you realise people like me are not that uncommon. That 25% I still have a say on is going to go to my charity. A social change sort of charity. A charity aimed at offering educational alternatives to promising young leaders. The sort that will grow up to question the justice of your tax regime and advocate for it’s dismantling. And with a bit of luck and push from other rich people, give it a few decades and it will go away.
But to answer you:
1. 1% flat tax, applied to income for people and profit for businesses.
€1000 goes into your business -> you’re left with €990 -> you take them all out as dividends, you’re left with €980.1
This will provide an annual bulk income.
2. Flat transaction fee. Every time money changes hands, the government skims 0.1€ from it.
This will provide a steady income stream.
You buy a laptop, you pay €1000 for it, the vendor only gets €999.9 - This is not something operators worry about, this is done automatically by the banks.
But this won’t be enough to <insert something here>. Well, tough luck. Better start prioritising. Start by cutting foreign aid. Start by cutting aid to ngos shipping migrants from africa, start by cutting welfare to illegals, get rid of the useless government bureaucracy like “period dignity officers”, plenty of stuff to cut.
Make do with less, that’s what I would tell the government.
- solardev 4y agoIt's not quite 3/4, is it? More like 1/2? And that's if you're earning 1000/day (sorry, can't type that currency symbol)... which is like 10x the UK median wage. At lower revenues you're paying much less. But still, your point stands -- it's taking money away from you that you want to keep and spend your own way. Whether that exact percentage is 46% or 66% or whatever doesn't seem quite relevant if you'd rather it be as close to 1% as possible :) Are there any examples of a system like you're describing working out in reality? Doesn't have to be a country, but maybe a local government, a private community, a membership club, etc.? Sounds like a libertarian fantasy out of Atlas Shrugged or Bioshock... but hey, we all have our dreams, and my utopia would be your dystopia, lol.