4 ms·

>> government will implement aggressive anti-brain-drain policies Cannot see this happening anywhere except maybe North Korea.

• Tade0 5mo ago
  Perhaps we have different definitions of "aggressive". In my country software engineers can enjoy a tax wedge of 15%, or even 8% if they're lucky enough to have formalities go through. The tradeoff is virtually no state pension, but nobody believes that it's going to be substantial anyway. This was enough to keep a huge number of people from emigrating, as western Europe outside of the UK doesn't provide such incentives (quite the opposite, actually).
  • joe_mamba 5mo ago
    >In my country software engineers can enjoy a tax wedge of 15%, or even 8% if they're lucky enough to have formalities go through. Poland/Bulgaria? That's a rare privilege in the EU. Most western EU nations don't allow such legal tax avoidance loophole for workers. It's the exception rather than the rule.
    • ponector 5mo ago
      10% difference in income tax will not affect brain drain. But can make outsourcing from Poland to India a bit less attractive. Also local salaries are lower. Unless one directly working as a contractor to the western company it makes a little difference. Also worth mentioning 12% income tax in Poland is not for the employment contract, but for business-to-business contract. Add mandatory social contributions and insurance and it will be 20-22%, which is still a good total tax rate.
      • joe_mamba 5mo ago
        I don't think that contradicts what I said.