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You 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 em
by thifm 14y ago
You 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.