2 ms·
That is very sweet. In Brazil for every 1000 you pay someone in direct wage, about extra 450 are paid to government (total burden of 1450 to pay 1000 of wage)
by speeder 14y ago
That is very sweet.
In Brazil for every 1000 you pay someone in direct wage, about extra 450 are paid to government (total burden of 1450 to pay 1000 of wage)
Of the 1000 that the "someone" received, about 100 go for your retirement savings, 275 in federal taxes, and about more 100 in other random taxes and fees.
(so yes, this mean that if you theoretically pay 1000 as salary, the person ends with 525, and you pay extra 450 to the government, that ends in total with 925! yay excessive regulation and taxing!!!!)
- thifm 14y agoYou are wrong, the burden rate in Brazil is 85% of the employee's gross salary. So, using your example: $1000 salary, $850 goes to the government. When the employee receives this salary of $1000, about 20% goes to government. In the end, the government ends up with HALF of what the employee gets paid. This is why our economy is shitty for entrepreneurs.