4 ms·
We have a light version of this in Denmark. It makes a lot of people not want to work and is the main reason behind why the effective tax is somewhere in the ne
by klausjensen 13y ago
We have a light version of this in Denmark. It makes a lot of people not want to work and is the main reason behind why the effective tax is somewhere in the neighborhood of 70%. Pay 45% income tax, 200% car tax (literally - a 10.000USD car costs 30.000USD), pay high property taxes, "green" taxes like on gas - and when that is done, please pay 25% VAT of everything you buy after that.
And you know what? About 80% of the Danish love this system enough to not want to change it. A party suggesting a 40% flat tax is considered extreme in Denmark.
I happen to hate it, but that is just me...