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Getbig Main Boards => Gossip & Opinions => Topic started by: Deicide on May 02, 2011, 03:09:38 AM

Title: If you could keep 90% of all your salary, as opposed to whatever taxes
Post by: Deicide on May 02, 2011, 03:09:38 AM
you have to pay now, meaning you pay a 10% flat tax, would you be more motivated to work?

I know I sure would.

Discuss....
Title: Re: If you could keep 90% of all your salary, as opposed to whatever taxes
Post by: The Grim Lifter on May 02, 2011, 03:12:34 AM
Go to Hong Kong
Title: Re: If you could keep 90% of all your salary, as opposed to whatever taxes
Post by: Firemuscle on May 02, 2011, 03:13:00 AM
you have to pay now, meaning you pay a 10% flat tax, would you be more motivated to work?

I know I sure would.

Discuss....

 Yeah taxes in the US really suck. Very complicated and fucked up tax sytem.

 You can move to states with no income tax though. Different states have different taxes which is cool.
Title: Re: If you could keep 90% of all your salary, as opposed to whatever taxes
Post by: Deicide on May 02, 2011, 03:14:12 AM
Go to Hong Kong

I could, have visited but no desire to live there; what's your answer? Yes or no?
Title: Re: If you could keep 90% of all your salary, as opposed to whatever taxes
Post by: The Grim Lifter on May 02, 2011, 03:20:19 AM
I could, have visited but no desire to live there; what's your answer? Yes or no?

Of course cause it's lower. It would be fair if it wasn't for the government wasting money.

Welfare payments are complete bullshit. You are paying for people not to work. Can you blame people for not looking for work.
Title: Re: If you could keep 90% of all your salary, as opposed to whatever taxes
Post by: Dr Dutch on May 02, 2011, 03:25:40 AM
There's some Arab state, forgot which one, where people pay zero % taxes. Still I prefer to stay in Holland, where the taxes are among the highest in the world.
And the answer to the question is: probably not.
Title: Re: If you could keep 90% of all your salary, as opposed to whatever taxes
Post by: Deicide on May 02, 2011, 03:26:14 AM
Of course cause it's lower. It would be fair if it wasn't for the government wasting money.

Welfare payments are complete bullshit. You are paying for people not to work. Can you blame people for not looking for work.


Or paying for wars that are pointless and suck up money better saved.
Title: Re: If you could keep 90% of all your salary, as opposed to whatever taxes
Post by: Deicide on May 02, 2011, 03:26:55 AM
There's some Arab state, forgot which one, where people pay zero % taxes. Still I prefer to stay in Holland, where the taxes are among the highest in the world.
And the answer to the question is: probably not.

I like Holland a lot but the tax rate....how much on average, 50%? or thereabouts?
Title: Re: If you could keep 90% of all your salary, as opposed to whatever taxes
Post by: The True Adonis on May 02, 2011, 03:28:46 AM
you have to pay now, meaning you pay a 10% flat tax, would you be more motivated to work?

I know I sure would.

Discuss....
What are you trying to accomplish and what do you want to buy?  Once you answer that, you can determine where you need to be to fit your needs/wants.
Title: Re: If you could keep 90% of all your salary, as opposed to whatever taxes
Post by: Deicide on May 02, 2011, 03:38:28 AM
What are you trying to accomplish and what do you want to buy?  Once you answer that, you can determine where you need to be to fit your needs/wants.

It's a general question, not a specific one.
Title: Re: If you could keep 90% of all your salary, as opposed to whatever taxes
Post by: The True Adonis on May 02, 2011, 03:41:17 AM
It's a general question, not a specific one.
Its a general question in order to address your specific needs/wants.

Your problem is and always has been, you do not know exactly what you want.  Seriously, what kind of lifestyle do you want to buy?
Title: Re: If you could keep 90% of all your salary, as opposed to whatever taxes
Post by: spude on May 02, 2011, 03:45:19 AM
(http://joonasturunen.files.wordpress.com/2010/10/tuloveroista.jpg)

this is in finnish, but anyway it shows the effective combined average income tax rate in usa is 24,30% whereas in finland it's 37,20%...the highest rate, 42,60%, is in italy and lowest, 13,00% in russia....in russia everyone also pays same percentage of his income into taxes, whereas in finland the progression of taxation is one of steepest in the world.

last column shows the the income level after which one is supposed to pay the highest marginal tax, in finland it's 66400€, around 99000$. in usa similar level is way higher, 268600€, approx. 400000$. in switzerland, on the other hand, you need to earn almost 800000$ a year to belong into the highest tax category...

Edit:

tanska...denmark
ruotsi...sweden
suomi...finland
norja....norway
italia...italy
saksa...germany
ranska...france
iso-britannia...uk
sveitsi...switzerland
intia...india
yhdysvallat...usa
kiina...china
venäjä...russia
Title: Re: If you could keep 90% of all your salary, as opposed to whatever taxes
Post by: Deicide on May 02, 2011, 03:49:30 AM
What are you trying to accomplish and what do you want to buy?  Once you answer that, you can determine where you need to be to fit your needs/wants.

I want to be an immortal vampire.
Title: Re: If you could keep 90% of all your salary, as opposed to whatever taxes
Post by: The True Adonis on May 02, 2011, 03:50:16 AM
I want to be an immortal vampire.
You can be that anywhere for free.