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Tax rate in your country

Discussion in 'General Business' started by adrian88, Jun 4, 2007.

  1. #1
    Hello,

    Just curious here...

    What is the income tax rate in your country (both personal and corporate)????

    Many thanks!!!
     
    adrian88, Jun 4, 2007 IP
  2. demosfen

    demosfen Peon

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    #2
    It's progressive, the more you make the more they steal, percent-wise. From each according to his abilities, to each according to his needs. It only applies to socialists though, if you are anti-social you pay nothing
     
    demosfen, Jun 4, 2007 IP
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  3. login

    login Notable Member

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    #3
    Progressive here to from 0 to something like 55% I think.
     
    login, Jun 4, 2007 IP
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  4. adrian88

    adrian88 Peon

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    #4
    I agree with you.

    Socialist tax rates are detrimental to human society in many cases. It makes people who are capable less motivated and therefore a less tax base for the country...

    Flat tax works the best.

    What country do you live in???
     
    adrian88, Jun 4, 2007 IP
  5. mpcovcd

    mpcovcd Peon

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    #5
    33% is the tax rate in my country
     
    mpcovcd, Jun 4, 2007 IP
  6. templates

    templates Notable Member

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    #6
    depends on what you make and any dependants here in the US..for poverty ridden ppl like me,its about 28% for personal
     
    templates, Jun 4, 2007 IP
  7. zac439

    zac439 Notable Member

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    #7
    Around 1/3 of all I make goes to the government.

    Quite a price to pay for a majority of benefits I don't receive.
     
    zac439, Jun 4, 2007 IP
  8. demosfen

    demosfen Peon

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    #8
    U.S.
    I am not sure I'd support flat tax or any form of income tax at all. We did quite well when Congress sold income tax to public in 1913, most people could afford to own their house free and clear and women didn't have to work, etc.
     
    demosfen, Jun 4, 2007 IP
  9. LegendaryPosting

    LegendaryPosting Peon

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    #9
    thats if you look at it that way. if your making a good amount of money in the first place it looks like they are taking alot of money from you and even if you arent it still looks like you are having alot of money taken away from you taxes or taxes we should all just get over it
     
    LegendaryPosting, Jun 5, 2007 IP
  10. marketjunction

    marketjunction Well-Known Member

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    #10
    A flat tax benefits the upper class in America. The current system is progressive, which is why when there are tax cuts, "the rich" get the lion's share.

    A flat tax would be a regressive tax system, like sales tax. Many think a flat tax will help "the poor," but it could actually hurt them.
     
    marketjunction, Jun 5, 2007 IP
  11. desibull

    desibull Peon

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    #11
    Progressive tax rate here in Germany! Germany has among the highest tax rates in Europe. Monthly income exceeding ~400 Euro is taxed heavily (min. that I've paid was 25%, max was almost 45% even on my modest student income)
     
    desibull, Jun 5, 2007 IP
  12. Permoney

    Permoney Active Member

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    #12
    In Turkey tax rate
    min %0
    max %25
    avg %8
     
    Permoney, Jun 5, 2007 IP
  13. kwan

    kwan Peon

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    #13
    The Netherlands actually is one of the highest in Europe. 52% if you make over 50,000 euro a year.

    All the rates are here: www.worldwide-tax.com
     
    kwan, Jun 5, 2007 IP
  14. andrej

    andrej Notable Member

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    #14
    19% for everyone in my country - Slovakia. We have equal taxes here.
     
    andrej, Jun 5, 2007 IP
  15. iul

    iul Well-Known Member

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    #15
    here in Romania it's 16% for everyone
     
    iul, Jun 5, 2007 IP
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  16. sleetz

    sleetz Guest

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    #16
    The Netherlands: 19%
    Belgium: 21%
    Germany: 19% (i think)
     
    sleetz, Jun 11, 2007 IP
  17. wizardofx

    wizardofx Well-Known Member

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    #17
    Wow, I hope you get a lot of good services in the Netherlands.

    52% top tax rate plus 19% VAT means that when
    you buy something the govenment has taken 71% of
    your income.

    To buy paint set and canvas for 100 euros you have
    to sell it for 344 euros just to break even. No wonder
    van Gogh was so depressed!
     
    wizardofx, Jun 11, 2007 IP
  18. adrian88

    adrian88 Peon

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    #18
    It is interesting how some countries have low taxes while many have high taxes. How does the spending side on the government end differ?? Do people in high tax countries really get more? Does that "welfare state" concept still exist today? Is that good or bad?

    Many thanks!
     
    adrian88, Jun 11, 2007 IP
  19. demosfen

    demosfen Peon

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    #19
    Here in the US, income tax money mostly goes to wars and financial support of Federal Reserve shareholders. If you belong to wrong religion, you also have to pay so-called 'Social Security' tax, which is mostly spent by Congress to fund their re-election compaigns.
     
    demosfen, Jun 11, 2007 IP
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  20. bertamus11

    bertamus11 Well-Known Member

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    #20
    I brought in 51,000 gross last year. I brought home approx 31,000.
    So whatever that works out to be?
     
    bertamus11, Jun 12, 2007 IP