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In Zug, Switzerland they have an excellent health care system with universal coverage. They also have very nice roads and a high standard of living, and low une
by f3llowtraveler 12y ago
In Zug, Switzerland they have an excellent health care system with universal coverage. They also have very nice roads and a high standard of living, and low unemployment. They also have a strong defense based on armed neutrality, which kept them out of both world wars.
The income tax is 2%.
So if you are paying more than that, you are probably getting ripped off.
- mikeyouse 12y agoZug? Really? The town that has more companies than citizens? Something tells me that their city isn't run via personal income tax, something else tells me that their tax policies won't scale globally... http://www.theguardian.com/business/2008/may/31/taxavoidance.tax http://www.theguardian.com/business/2008/may/31/taxavoidance...
- f3llowtraveler 12y agoYou think 60% in taxes scales better than 2%?
- sschueller 12y agoMost of those things are inherent to Switzerland not the Kanton. Zug is very bad example. It has a 2015 deficit of 140 Million almost double of last year, they have to cut deep into their savings [1]. The Kanton is destroying itself and will be forced to raise taxes eventually. [2] [1] http://www.tagesanzeiger.ch/schweiz/standard/Kanton-Zug-rechnet-mit-tiefroten-Zahlen/story/12321717 http://www.tagesanzeiger.ch/schweiz/standard/Kanton-Zug-rech... [2] http://www.tagesanzeiger.ch/schweiz/standard/Warum-Zug-und-Schwyz-die-Steuern-erhoehen-muessten/story/17383928 http://www.tagesanzeiger.ch/schweiz/standard/Warum-Zug-und-S...