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What country is that?
by Mashimo 3y ago
What country is that?
- adrian_b 3y agoMany countries have total taxes much over 50% of the revenue for most people, frequently in the range from 60% to 70%, even if this is not at all obvious because the total amount of taxes is obfuscated by splitting them in many parts that are paid by distinct entities, e.g. the employer, the employee and the merchants (VAT or sales taxes), plus property taxes, medical taxes and so on.
- Mashimo 3y agoYes, for example the country I live in. But elderly also get support. And if you have lower income, the tax is also less. The question was in what country do you have to combination of the above. High income tax for low earners and low social security for elderly. And he is also implying that it's worth to create a shell companies for a single person. Which AFAIK also cost money.