Tax pressure around the world? How is yours? - GoFuckYourself.com

Thomas007 · 09-13-2004, 07:36 AM

How is the tax pressure around the world?

This thread is meant to give an overview on how the tax is around the world. The fees on my new car inspired me. See below and you know why.
Please reply if you have something to add.

*****************************************
Denmark:

Income tax:
Average 50%
Max 60%
Deduction DKK 30000 = $6000

VAT:
25% on all products, deductable for companies.

Company tax:
30%

New car:
Price + 25% VAT + 180% registration fee of the price
100.000 becomes 305.000

*****************************************

Phoenix · 09-13-2004, 07:38 AM

you guys really get hosed with the new car thing

paparazzisex · 09-13-2004, 07:39 AM

jeps det sutter at bo i Danmark

Thomas007 · 09-13-2004, 07:40 AM

Quote:

Originally posted by Phoenix
you guys really get hosed with the new car thing

Yes, we pay for the car three times when we buy a new car.

michel · 09-13-2004, 07:40 AM

and I thought The Netherlands were bad

Thomas007 · 09-13-2004, 08:00 AM

Quote:

Originally posted by michel
and I thought The Netherlands were bad

How is that? Let's get some numbers.

How is it in the states?

iv@n · 09-13-2004, 08:14 AM

*****************************************
Slovakia:

Income tax:
Average 19%
Max 19%

VAT:
19% on all products, deductable for companies.

Company tax:
19%

New car:
Price + 19% VAT

*****************************************
sweet teens

EviLGuY · 09-13-2004, 09:27 AM

Quote:

Originally posted by Tricky007
Yes, we pay for the car three times when we buy a new car.

Thats crazy.. I'd just get a bicycle or something. I am too inately cheap to pay that much in taxes.

Goatse · 09-13-2004, 11:35 AM

Quote:

Originally posted by iv@n
*****************************************
Slovakia:

Income tax:
Average 19%
Max 19%

VAT:
19% on all products, deductable for companies.

Company tax:
19%

New car:
Price + 19% VAT

*****************************************
sweet teens

Is Slovakia relatively safe? Is there a lot of institutional corruption?

Mr Exotic · 09-13-2004, 11:48 AM

Well here in the US the income tax varies greatly depending on how much you make. I personally have had years where I have paid 40% and I have had years where I paid nothing.

On vehicles as far as I know there is no national tax. Most states have a normal sales tax of 5-6%, here in Indiana it was just moved up to 6% from 5% it had been for years. That sales tax applies to everything except for groceries, those are non taxable.

If I lived in an EU country I would rather shoot myself than to pay 60% on my income and then have to pay 60k on a 20k car, FUCK THAT SHIT. How in the hell does your governments expect people to be able to buy anything. Shit I thought the economy here in the states was bad right now. I guess the US really is the best place in the world to live. Geez that is just outrageous on those car taxes.

Mefo · 09-13-2004, 11:49 AM

Quote:

Originally posted by Tricky007
How is that? Let's get some numbers.

How is it in the states?

The Netherlands is not that different from Denmark.... actually pretty close to each other

Sexy Rex · 09-13-2004, 11:51 AM

France:

*****************************************

Income tax:
Average 30%
Max 54%

VAT:
19.6% on all products, deductable for companies.

Company tax:
33%

New car:
Price + 19.6% VAT

Paying someone working for you = you must give an extra 90% to the state for retirement, health insurance, unemployment ect.

*****************************************

Sosa · 09-13-2004, 12:21 PM

I hate taxes

sirrobin · 09-13-2004, 12:50 PM

Belgium

21% VAT on new cars. But ZERO on SUVs if bought thru a business. So Brussels is full of Porsche Cayennes

Zero registration tax on SUVs, for other cars it depends on the enigne size

For income tax the rate is a maximum of 52% but thats for employed people. Self employed people hardly pay any tax with all the deductions

Zero Capital gains tax

Zero income tax on capital gains on savings upto ?150k

And if you are an expatriate you can get an even more advantageous tax rate (zero tax on income from outside Belgium).

Thomas007 · 09-13-2004, 10:27 PM

Excellent.

How about Australia, UK or Canada?

Totem Rex:

Quote:

France:
Paying someone working for you = you must give an extra 90% to the state for retirement, health insurance, unemployment ect.

I was pretty surprised by this.
It's nearly a double up for the company.

Shooter · 09-13-2004, 10:30 PM

Quote:

Originally posted by Tricky007
Denmark:

New car:
Price + 25% VAT + 180% registration fee of the price
100.000 becomes 305.000

Wow, that is ridiculous.

rickholio · 09-13-2004, 11:49 PM

Canada:

*******************************

Income Tax:

Average Income per capita: $58,782CDN (approx $45,000USD)

Raw earned income tax rate on that level of income, before deductions (2004 federal): 18.43%

Raw earned income tax rate on that level of income, before deductions (2004 provincial): Between 7.39%(ontario) and 18.36%(quebec), average is 11.56%

Total earned income tax before deductions: 30%

Highest marginal earned income tax: between 40% and 51%. These margins don't kick in until well over the $100k/year earned income point.

VAT: 7% GST on most transactions, low income earners eligible for partial or full refund. Some provinces additionally have PST.

New Car: I don't know. While there's a copious amount of information online about tax numbers for earned income, unearned income, capital gains and so on, I've found *NO* references to automobile taxes, and I don't happen to have my financing papers handy to see what it was for my last purchase. Maybe another 'nuck can chime in with those numbers.

*********************************

I should point out that these numbers leave out a lot of subtleties. For example, in addition to taxes, a salaried or wage-earning citizen must also contribute some percentage of each check to employment insurance, canada pension plan, etc. There also tends to be surtaxes on various items, such as gasoline and cigarettes. As such, while we may only pay 30% income tax on average, our effective purchasing power is somewhat reduced.

rickholio · 09-14-2004, 12:10 AM

Oh, yeah

Canada (corporate):

*******************************

Base federal corporate tax rate (2004): 13.1% up to 250k, 22.1% beyond 250k.

Base provincial corporate tax rate(2004): Varies between 3%(New Brunswick and for some businesses in alberta) and 8.9%(Quebec) up to 250k, average is 5.3%. Beyond 250k, average is 13.9%.

Total effective corporate tax rate (averages): 18.4% <250k, 36% on income beyond 250k.

**********************************

Note: Of course, noone pays anywhere close to these amounts. The corporate tax system in Canada is so full of things that can be depreciated and deducted it's conceivable that with careful tax planning and expenditure control your business could pay little or nothing. Small business is particularly blessed, as shareholders are allowed up to 25k in dividends tax-free per year, and items purchased for the business can be claimed for GST refund.

It should be a truism in Canada that if you make over $70k/year, you absolutely must incorporate if possible. The tax benefits are massive... the 25k of tax free dividend alone covers the costs of lawyer and accountant fees easily.

Ironhorse · 09-14-2004, 12:20 AM

Quote:

Originally posted by Mr Exotic
Well here in the US the income tax varies greatly depending on how much you make. I personally have had years where I have paid 40% and I have had years where I paid nothing.

On vehicles as far as I know there is no national tax. Most states have a normal sales tax of 5-6%, here in Indiana it was just moved up to 6% from 5% it had been for years. That sales tax applies to everything except for groceries, those are non taxable.

If I lived in an EU country I would rather shoot myself than to pay 60% on my income and then have to pay 60k on a 20k car, FUCK THAT SHIT. How in the hell does your governments expect people to be able to buy anything. Shit I thought the economy here in the states was bad right now. I guess the US really is the best place in the world to live. Geez that is just outrageous on those car taxes.

Why do you think Vikings found America?

rickholio · 09-14-2004, 12:23 AM

Quote:

Originally posted by Ironhorse
Why do you think Vikings found America?

They didn't. They found Newfoundland.

polish_aristocrat · 09-14-2004, 01:44 AM

Quote:

Originally posted by Tricky007
Yes, we pay for the car three times when we buy a new car.

It's kinda hard to believe it.

Thomas007 · 09-14-2004, 02:01 AM

Quote:

Originally posted by Tricky007
Yes, we pay for the car three times when we buy a new car

Originally posted by polish_aristocrat
It's kinda hard to believe it.

Yes, but it's reality over here.

The EU has said the registration fee should be removed inside 10 years - the Danish government won't loose that income, lets see if they obey.

If it happens, I think the price of the fuel will tripple and so will the annual fee for using the roads.

But let's not start a political discussion - the idea was to see how the taxes was around the world.

Let's get some more numbers on the table.

the real magoo · 09-14-2004, 02:07 AM

How come taxes are so high up there in Scandinavia?

justsexxx · 09-14-2004, 02:29 AM

Quote:

Originally posted by sirrobin
Belgium

21% VAT on new cars. But ZERO on SUVs if bought thru a business. So Brussels is full of Porsche Cayennes

Zero registration tax on SUVs, for other cars it depends on the enigne size

For income tax the rate is a maximum of 52% but thats for employed people. Self employed people hardly pay any tax with all the deductions

Zero Capital gains tax

Zero income tax on capital gains on savings upto ?150k

And if you are an expatriate you can get an even more advantageous tax rate (zero tax on income from outside Belgium).

Hi sir, for example, what does a porsche cayenne Turbo cost you?

Also, all my money comes from OUTSIDE Belgium.
(ccbill, other US sponsors etc) does this mean when I make 100.000 Euro a year profit with those checks , I can spend 100.000EURO. And I don't have to pay ANY TAX AT ALL!?

Andre

polish_aristocrat · 09-14-2004, 02:33 AM

Quote:

Originally posted by iv@n
*****************************************
Slovakia:

Income tax:
Average 19%
Max 19%

VAT:
19% on all products, deductable for companies.

Company tax:
19%

New car:
Price + 19% VAT

*****************************************

When was the flat taxt rate of 19% introduced in your country? Did it help your country's growth?

Quote:

sweet teens

Fonz · 09-14-2004, 02:34 AM

Quote:

Originally posted by sirrobin
Belgium

21% VAT on new cars. But ZERO on SUVs if bought thru a business. So Brussels is full of Porsche Cayennes

Zero registration tax on SUVs, for other cars it depends on the enigne size

For income tax the rate is a maximum of 52% but thats for employed people. Self employed people hardly pay any tax with all the deductions

Zero Capital gains tax

Zero income tax on capital gains on savings upto ?150k

And if you are an expatriate you can get an even more advantageous tax rate (zero tax on income from outside Belgium).

Are you sure you live in the same Belgium as I do?

hvidlogspusher · 09-14-2004, 02:40 AM

Michael O · 09-14-2004, 02:44 AM

You have to keep other things in mind.
Minimum wage in Denmark is $15 an hour, 5-6 weeks of paid vacation, free healthcare from doctors appointments to heart transplants, free education (you even get about $650 after taxes from the goverment every month for a max of 7 years while taking your education). Unemplyment if you lose your job or get in some other serious trouble there is social security that will make it possible for you to have a decent life.
No one will ever have to go hungry to bed or live on the streets unless it their own choice.

I wouldn´t change it for anything.

Theo · 09-14-2004, 02:55 AM

Quote:

Originally posted by sirrobin

For income tax the rate is a maximum of 52% but thats for employed people. Self employed people hardly pay any tax with all the deductions

polish_aristocrat · 09-14-2004, 02:59 AM

Quote:

Originally posted by Keyser Soze
You have to keep other things in mind.
Minimum wage in Denmark is $15 an hour, 5-6 weeks of paid vacation, free healthcare from doctors appointments to heart transplants, free education (you even get about $650 after taxes from the goverment every month for a max of 7 years while taking your education). Unemplyment if you lose your job or get in some other serious trouble there is social security that will make it possible for you to have a decent life.
No one will ever have to go hungry to bed or live on the streets unless it their own choice.

I wouldn´t change it for anything.

Your last sentence is very interesting. I thought most of adult webmasters dont care about social security. Sure, not everyone here is making big $$$$, but this industry is simply very unstable, so whoever decided to earn his $$$ in it, is aware of the risk but has simply an entrepreneur - mind.

ortika · 09-14-2004, 03:16 AM

Quote:

Originally posted by Fonz
Are you sure you live in the same Belgium as I do?

Dont worry man he lives well in another belgium than out fucking belgium ... too much taxes and more if you work for yourself .

I think he works in black ahahah

Michael O · 09-14-2004, 03:44 AM

Quote:

Originally posted by polish_aristocrat
Your last sentence is very interesting. I thought most of adult webmasters dont care about social security. Sure, not everyone here is making big $$$$, but this industry is simply very unstable, so whoever decided to earn his $$$ in it, is aware of the risk but has simply an entrepreneur - mind.

I got "saved" by the system about 10 years ago I hit the bottom and things were very hard and if it weren´t for all the help I got I don´t think I would have been alive today.

mcmc · 09-14-2004, 03:57 AM

*****************************************
Switzerland:

Income tax:
Average 12%
Min 2.5%
Max 21.8%
-> depends where in Switzerland you live and on your income

VAT:
7.6% on all standard products, deductable for companies.
2.4% on products for daily use (e.g. food)
3.5% tourism

Company tax:
25% (average)

New car:
Price + 7.6% VAT

*****************************************

Nathan · 09-14-2004, 04:05 AM

Quote:

Originally posted by sirrobin
Belgium

21% VAT on new cars. But ZERO on SUVs if bought thru a business. So Brussels is full of Porsche Cayennes

Zero registration tax on SUVs, for other cars it depends on the enigne size

For income tax the rate is a maximum of 52% but thats for employed people. Self employed people hardly pay any tax with all the deductions

Zero Capital gains tax

Zero income tax on capital gains on savings upto ?150k

And if you are an expatriate you can get an even more advantageous tax rate (zero tax on income from outside Belgium).

Hi sirrobin, hit me up on ICQ 1889711 or AIM fthylmann when you have a chance, I got a question for you...

Nathan · 09-14-2004, 04:11 AM

Quote:

Originally posted by Fonz
Are you sure you live in the same Belgium as I do?

Thats what I thought,

I am not sure about the SUV, but personal income tax sucks in Belgium, and on top of that, social security that you _HAVE_ to pay even if self employed is a killer. At least that was my experience.

Company tax IS low compared to the rest of europe though.

And the 0% tax on income from outside of belgium, I have never heard of that one either. How is "outside of belgium" defined?

Gynecologist · 09-14-2004, 04:26 AM

Quote:

Originally posted by iv@n
*****************************************
Slovakia:

Income tax:
Average 19%
Max 19%

VAT:
19% on all products, deductable for companies.

Company tax:
19%

New car:
Price + 19% VAT

*****************************************
sweet teens

yeah, Slovakia ACTUALLY has the flat tax. In the US we have to just dream about it.

iv@n · 09-14-2004, 04:55 AM

Quote:

Originally posted by polish_aristocrat
[B]When was the flat taxt rate of 19% introduced in your country? Did it help your country's growth?

this year, we will see in '05,
but for now, it looks good, new investiment are coming

sirrobin · 09-14-2004, 05:12 AM

Quote:

Originally posted by Fonz
Are you sure you live in the same Belgium as I do?

Is there something in my post you dont agree with ? (Have you ever spoken to a tax lawyer ?)

sirrobin · 09-14-2004, 05:15 AM

Quote:

Originally posted by Nathan
Thats what I thought,

I am not sure about the SUV, but personal income tax sucks in Belgium, and on top of that, social security that you _HAVE_ to pay even if self employed is a killer. At least that was my experience.

Company tax IS low compared to the rest of europe though.

And the 0% tax on income from outside of belgium, I have never heard of that one either. How is "outside of belgium" defined?

Its called the "expatriate tax regime" - do a google search for it.

Outside of Belgium is defined as "NOT BELGIUM".

iv@n · 09-14-2004, 05:16 AM

Quote:

Originally posted by Goatse
Is Slovakia relatively safe? Is there a lot of institutional corruption?

corruption and safety is problem like at other post-socialist countries around, average middle europe standard

i don't apprehend it as a big problem for my bussiness

sirrobin · 09-14-2004, 05:18 AM

Quote:

Originally posted by ortika
Dont worry man he lives well in another belgium than out fucking belgium ... too much taxes and more if you work for yourself .

I think he works in black ahahah

Yes I take money in cash for my adult websites

polish_aristocrat · 09-14-2004, 05:19 AM

Quote:

Originally posted by iv@n
this year, we will see in '05,
but for now, it looks good, new investiment are coming

I can only hope Poland is going to do the same.
A simple, low, flat tax rate is a very good idea.

Boodles · 09-14-2004, 05:22 AM

It sux, very big pressure on us

Rankings · 09-14-2004, 05:30 AM

you could have 3 cars if you moved. I'd move.

Meadint · 09-14-2004, 05:41 AM

It doesn't make any sence to compare tax rates like that. Sure we pay a lot of taxes i Denmark, but that's because (almost) all social security is funded through taxes. Thus we do not have to pay any additional money for healt insurance, education, social assistance etc. 80% of unemployment insurance is funded through taxes, child care is partly funded through taxes, retirement pensions is partly funded through taxes and I could go on.

rowan · 09-14-2004, 06:40 AM

Australia:

Income tax rates are teired and range from 0% (<$6,000) to 47% (>$62,500). For an average wage of $49k you pay 22% tax.

Most products and services attract a 10% GST. There are some exceptions like fresh food.

Company tax rate is 30%.

New car is price + 10% GST. If the total is worth more than $57,009 then you pay a luxury tax of 25%. Registration in my state is about $520 per year.

Currently $USD100 = $AUD145

Thomas007 · 09-14-2004, 06:48 AM

Quote:

Originally posted by Meadint
It doesn't make any sence to compare tax rates like that. Sure we pay a lot of taxes i Denmark, but that's because (almost) all social security is funded through taxes. Thus we do not have to pay any additional money for healt insurance, education, social assistance etc. 80% of unemployment insurance is funded through taxes, child care is partly funded through taxes, retirement pensions is partly funded through taxes and I could go on.

I agree, and the intention was not to compare whether or not it's fair.

The idea was to see how the raw numbers was - and see how different the world really is.

I like the welfare system we have in Denmark - and would not trade it for three cars instead of one.

Let's get more numbers on the table - are here someone from Asia or Russia?

09-13-2004, 07:36 AM	#1
Thomas007 Confirmed User Industry Role: Join Date: Aug 2001 Location: AdultReviews.com - Denmark - ICQ: 6565211 Posts: 920	Tax pressure around the world? How is yours? How is the tax pressure around the world? This thread is meant to give an overview on how the tax is around the world. The fees on my new car inspired me. See below and you know why. Please reply if you have something to add. *************************************** Denmark: Income tax: Average 50% Max 60% Deduction DKK 30000 = $6000 VAT: 25% on all products, deductable for companies. Company tax: 30% New car: Price + 25% VAT + 180% registration fee of the price 100.000 becomes 305.000 *************************************** __________________ Get your paysite reviewed by Adult Reviews Get your paysite reviewed by Porn Reviews Last edited by Thomas007; 09-13-2004 at 07:39 AM..

09-13-2004, 07:38 AM	#2
Phoenix BACON BACON BACON Industry Role: Join Date: Nov 2002 Location: Poems everybody, the laddie fancies himself a poet Posts: 35,465	you guys really get hosed with the new car thing __________________ Skype Phoenixskype1 Telegram PhoenixBrad https://quantads.io

09-13-2004, 11:51 AM	#12
Sexy Rex Confirmed User Join Date: Sep 2003 Location: President/CEO - iStripper.com Posts: 1,164	France: *************************************** Income tax: Average 30% Max 54% VAT: 19.6% on all products, deductable for companies. Company tax: 33% New car: Price + 19.6% VAT Paying someone working for you = you must give an extra 90% to the state for retirement, health insurance, unemployment ect. *************************************** __________________ WWW.ISTRIPPER.COM Unique Desktop Strippers since 1998, 20+ Millions users, 3000+ Girls to choose from, All UHD Exclusive Content.

09-13-2004, 11:49 PM	#17
rickholio Confirmed User Industry Role: Join Date: Jan 2004 Location: Nor'easterland Posts: 1,914	Canada: ******************************* Income Tax: Average Income per capita: $58,782CDN (approx $45,000USD) Raw earned income tax rate on that level of income, before deductions (2004 federal): 18.43% Raw earned income tax rate on that level of income, before deductions (2004 provincial): Between 7.39%(ontario) and 18.36%(quebec), average is 11.56% Total earned income tax before deductions: 30% Highest marginal earned income tax: between 40% and 51%. These margins don't kick in until well over the $100k/year earned income point. VAT: 7% GST on most transactions, low income earners eligible for partial or full refund. Some provinces additionally have PST. New Car: I don't know. While there's a copious amount of information online about tax numbers for earned income, unearned income, capital gains and so on, I've found NO references to automobile taxes, and I don't happen to have my financing papers handy to see what it was for my last purchase. Maybe another 'nuck can chime in with those numbers. ********************************* I should point out that these numbers leave out a lot of subtleties. For example, in addition to taxes, a salaried or wage-earning citizen must also contribute some percentage of each check to employment insurance, canada pension plan, etc. There also tends to be surtaxes on various items, such as gasoline and cigarettes. As such, while we may only pay 30% income tax on average, our effective purchasing power is somewhat reduced. Last edited by rickholio; 09-13-2004 at 11:51 PM..

09-14-2004, 02:40 AM	#27
hvidlogspusher Confirmed User Join Date: Jul 2003 Posts: 315	60% __________________ Great unique niche paysite to promote! 60% Recurring or up to 35$ pr sale!

09-13-2004, 07:39 AM	#3
paparazzisex Registered User Join Date: Jul 2004 Location: Denmark Posts: 17	jeps det sutter at bo i Danmark

09-13-2004, 07:40 AM	#5
michel TheHun's Yellow Pages! Industry Role: Join Date: Mar 2002 Location: The Netherlands Posts: 3,420	and I thought The Netherlands were bad

09-13-2004, 08:14 AM	#7
iv@n Confirmed User Join Date: Jan 2002 Location: SVK Posts: 641	*************************************** Slovakia: Income tax: Average 19% Max 19% VAT: 19% on all products, deductable for companies. Company tax: 19% New car: Price + 19% VAT *************************************** sweet teens

09-13-2004, 11:48 AM	#10
Mr Exotic Confirmed User Join Date: Dec 2003 Posts: 153	Well here in the US the income tax varies greatly depending on how much you make. I personally have had years where I have paid 40% and I have had years where I paid nothing. On vehicles as far as I know there is no national tax. Most states have a normal sales tax of 5-6%, here in Indiana it was just moved up to 6% from 5% it had been for years. That sales tax applies to everything except for groceries, those are non taxable. If I lived in an EU country I would rather shoot myself than to pay 60% on my income and then have to pay 60k on a 20k car, FUCK THAT SHIT. How in the hell does your governments expect people to be able to buy anything. Shit I thought the economy here in the states was bad right now. I guess the US really is the best place in the world to live. Geez that is just outrageous on those car taxes.

09-13-2004, 12:21 PM	#13
Sosa In Tushy Land Join Date: Oct 2002 Location: Nebraska Posts: 40,149	I hate taxes

09-13-2004, 12:50 PM	#14
sirrobin Confirmed User Join Date: Jun 2003 Posts: 453	Belgium 21% VAT on new cars. But ZERO on SUVs if bought thru a business. So Brussels is full of Porsche Cayennes Zero registration tax on SUVs, for other cars it depends on the enigne size For income tax the rate is a maximum of 52% but thats for employed people. Self employed people hardly pay any tax with all the deductions Zero Capital gains tax Zero income tax on capital gains on savings upto ?150k And if you are an expatriate you can get an even more advantageous tax rate (zero tax on income from outside Belgium).

09-14-2004, 12:10 AM	#18
rickholio Confirmed User Industry Role: Join Date: Jan 2004 Location: Nor'easterland Posts: 1,914	Oh, yeah Canada (corporate): ***************************** Base federal corporate tax rate (2004): 13.1% up to 250k, 22.1% beyond 250k. Base provincial corporate tax rate(2004): Varies between 3%(New Brunswick and for some businesses in alberta) and 8.9%(Quebec) up to 250k, average is 5.3%. Beyond 250k, average is 13.9%. Total effective corporate tax rate (averages): 18.4% <250k, 36% on income beyond 250k. ******************************** Note: Of course, noone pays anywhere close to these amounts. The corporate tax system in Canada is so full of things that can be depreciated and deducted it's conceivable that with careful tax planning and expenditure control your business could pay little or nothing. Small business is particularly blessed, as shareholders are allowed up to 25k in dividends tax-free per year, and items purchased for the business can be claimed for GST refund. It should be a truism in Canada that if you make over $70k/year, you absolutely must incorporate if possible. The tax benefits are massive... the 25k of tax free dividend alone covers the costs of lawyer and accountant fees easily.

09-14-2004, 02:07 AM	#23
the real magoo So Fucking Banned Join Date: Sep 2001 Location: EU Posts: 1,637	How come taxes are so high up there in Scandinavia?

09-14-2004, 02:44 AM	#28
Michael O More Cowbell Industry Role: Join Date: Jul 2001 Location: Nakhom Nowhere Posts: 10,607	You have to keep other things in mind. Minimum wage in Denmark is $15 an hour, 5-6 weeks of paid vacation, free healthcare from doctors appointments to heart transplants, free education (you even get about $650 after taxes from the goverment every month for a max of 7 years while taking your education). Unemplyment if you lose your job or get in some other serious trouble there is social security that will make it possible for you to have a decent life. No one will ever have to go hungry to bed or live on the streets unless it their own choice. I wouldn´t change it for anything. __________________ Truth Teller Last edited by Michael O; 09-14-2004 at 02:45 AM..

09-14-2004, 03:57 AM	#33
mcmc Confirmed User Join Date: Feb 2004 Location: Switzerland Posts: 1,705	*************************************** Switzerland: Income tax: Average 12% Min 2.5% Max 21.8% -> depends where in Switzerland you live and on your income VAT: 7.6% on all standard products, deductable for companies. 2.4% on products for daily use (e.g. food) 3.5% tourism Company tax: 25% (average) New car: Price + 7.6% VAT ************************************* __________________ http://www.AdultDVDdb.com** Conversion: 1:149 (so far this year with more than 650 000 unique hits) @ http://www.pimproll.com

09-14-2004, 05:22 AM	#43
Boodles Registered User Join Date: Sep 2004 Posts: 62	It sux, very big pressure on us

09-14-2004, 05:30 AM	#44
Rankings Adult SEO Industry Role: Join Date: Jan 2004 Location: A cat with three legs cannot bury shit in a frozen pond. In addition to that, can you cry underwater? Posts: 10,633	you could have 3 cars if you moved. I'd move. __________________ Your leader for Adult SEO Services 19+ Years Serving the Adult/SEO Industry ICQ: 610-814 Skype: xratedseo

09-14-2004, 05:41 AM	#45
Meadint Registered User Join Date: Jan 2003 Posts: 22	It doesn't make any sence to compare tax rates like that. Sure we pay a lot of taxes i Denmark, but that's because (almost) all social security is funded through taxes. Thus we do not have to pay any additional money for healt insurance, education, social assistance etc. 80% of unemployment insurance is funded through taxes, child care is partly funded through taxes, retirement pensions is partly funded through taxes and I could go on.

09-14-2004, 06:40 AM	#46
rowan Too lazy to set a custom title Join Date: Mar 2002 Location: Australia Posts: 17,393	Australia: Income tax rates are teired and range from 0% (<$6,000) to 47% (>$62,500). For an average wage of $49k you pay 22% tax. Most products and services attract a 10% GST. There are some exceptions like fresh food. Company tax rate is 30%. New car is price + 10% GST. If the total is worth more than $57,009 then you pay a luxury tax of 25%. Registration in my state is about $520 per year. Currently $USD100 = $AUD145