Eurotaxes

>eurotaxes

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regjeringen.no/no/tema/okonomi-og-budsjett/skatter-og-avgifter/skattesatser-2018/id2575161/
globalpropertyguide.com/Europe/Norway/Taxes-and-Costs
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>switzerland
i thought VAT was supposed to be high and income tax low

>taxation in European Union
>not the EU and the spelling is off

No wonder amerilards are so guillable

Estonia seems pretty based, those are some really balanced numbers, although I'd introduce a variable tax on company profit, 15% max with breaks on manufacturing, non-automatizing industries.

what do these numbers mean?

Why would you tax people so much higher than corporations?

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pay for jamal's kids

Nobody pays taxes in Ukraine.

Corporations are cash cows that establish in a country which favours them the most. People are a drain to the economy and the main source of government wealth. Without people's money the govt has no money.

you need corporations to generate money for the people, you need people to take their money and invest into the country.

Based ancap serbian

Based

Taxes pay for stuff yo

...

check , the state fears competition because state is incompetent
it takes more than it provides, it uses violence to protect its monopolies from competition because private sector performs all the services better

wtf I love Bulgaria even more now???!?!!?!

Estonia is trying so hard

based

I recently found out that the US is, surprisingly, a tax haven, and that it is quite easy as non-foreigner to use this to your advantage.

I myself, am opening an LLC soon.

>non-foreigner

retardation took my mind for a sec.
I meant non-resident.

>45%
Literally what? The tax rate is 0% for the first 12k you earn and 20% up to 46k aka more than the average person will ever earn

Is that really true for Denmark? You pya 20% less than we do in income tax?

taken from your country's government website

>Key principles of the UK income tax

>Personal income tax is regulated by the Income Tax Act 2007 and other acts. The rate of income tax a person must pay depends on how much of their earned income is above their personal allowance in the tax year. The current tax year runs from 6 April 2016 to 5 April 2017. Most people’s personal allowance is £11,000 per tax year. This is tax free allowance for all UK residents. The personal allowance goes down by £1 for every £2 that the earned income exceeds £100,000. This means that the personal allowance is zero if the earned income is £120,000 or above.

>For earned income of £0 to £32,000 above the personal allowance, which means £11,000 to £43,000 of gross earned income, the basic income tax rate is 20%. The higher rate of 40% applies when the earned income is £32,001 to £150,000 above the personal allowance. There is an additional 45% rate for gross income exceeding £150,000. There are different tax rates for dividend and savings income.

So exactly what I said essentially
For that infographic to imply the income tax is 45% for everyone is completely disingenuous

this. fuck taxes

corporations give poor hopeless people a sense of meaning with this thing called a 'job'. keeps crime down

indeed it is.
Not sure what to say though, blame OP.

We'd need to find out what % of the UK's population fall into the bracket of people that should pay 45%.

Given that the image uses the 45% figure, I'd assume most people are within that range. Then again that seems like a lot of money and I don't think most people are making that.

So eh... OP explain yourself.

Personal income tax is 10% but if it's a salary you also pay 30.8% in social security split between employee (12.9) and employer (17.9). Of course if you are self-employed you pay for it all at the end.
In that regard the best is to pay out yourself an average salary (~500€) and the rest pull it out as a dividend which is taxed at 5%. You could technically pull all income as a dividend but I am sure the tax authorities won't look favorably at a company's annual tax declaration which declares profits in let's say 50,000€ without any employees.

i don't think it is.
the map also says "taxation in european union", by the way, but several countries listed are not members of the EU

>drove his car on a ROAD over a BRIDGE to get to a HOSPITAL that treated him for his injury he received welding using ELECTRICITY and skills he acquired through EDUCATION

The average wage in the UK is like 27,000.
According to HM Revenue and Customs 85% of people pay 20%, 13.7% pay into the 40% bracket and 1.2% of people pay into the 45% bracket

I guess this is the top tax bracket for each country, because for the UK, only earnings above £150,000 are taxed at 45% (top 2% of the country)

For a salary of £30,000 (just above average), you'd take home £23,783 (so 21% tax)

In case anyone is interested, you can open up a limited company here in the UK and pay yourself an income of around £11,000 (which won't get taxed) and pay out a dividend of the profits from the company which will be taxed at a flat of rate of 7.5%.

If you increase your income the taxable rate of the dividend will increase to around 37% I think.

>27,000 Pound sterling equals
>129,569.29 Brazilian Real

heh...

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It's better to do this in the US with an LLC, you'll be taxed much less.

It's what I'm doing right now..

I should mention, for higher values - obviously if you're within the 11k range then maybe the UK is better since it's not taxable, but I'm talking about 6 figures here.

The map is wrong.

Same goes for italy and most other cunts in the pic.

We are cucked

That's the top bracket taxation, I earn about 900K NOK a year and only pay 32%.

That map is bullshit. Income tax is 24%. We also have no house and fortune tax or hereditary tax.

regjeringen.no/no/tema/okonomi-og-budsjett/skatter-og-avgifter/skattesatser-2018/id2575161/

>Serbia
why do those shitholes tax individuals so highly?

>build a fucking road yourself
>and what if the state overprices these services? what if someone could perform them even better and even cheaper? why does the state have to maintain a monopoly on them, other then to protect its incompetence from competition
>how can the state be competitive when it doesnt have competition (state monopoly)?

Unironically based.

stick to welding shit you brainlet

>900K NOK a year

b4 or after taxes?

Does no one in this thread pay taxes?
Either Belgium's wrong or i'm way under the average personal tax, which I seriously doubt.

>tax provided services, which are always categorically inferior to their private sector alternatives
kek, hell no. private companies only ever want profit in the short term and tend to focus only on profitable areas. if you privatize stuff you get wrecked infrastructure.

>pay taxes
>own government does everything it can to ruin your own country
lol

If corporate taxes are higher than household income taxes, the rich would transfer more of the profit into salaries for themselves. By making income taxes higher than corporate taxes, you force to rich to reinvest in their company such as improving technology, expanding and creating more jobs, etc.

> no house tax
you mean no property tax? do you know anything about your own country?
globalpropertyguide.com/Europe/Norway/Taxes-and-Costs

Where's Moldova?

companies make a lot more money than a private person, if you take 25% of a company it could be $1000, and 45% of a private person could be $300, you need to maintain a balance with companies too so they can continue to invest in your country.