Many EU countries have a “VAT” and like feel like this is kinda targeting poor people. Like, for the rich, this is insignificant, for poorer people, a (example) 20% tax would be a huge burden. Why do they do this?
🤔
Many EU countries have a “VAT” and like feel like this is kinda targeting poor people. Like, for the rich, this is insignificant, for poorer people, a (example) 20% tax would be a huge burden. Why do they do this?
🤔
In the UK we don’t pay any vat on “essential” goods. And we have a raft of tax relief for lower earners.
Not that it helps much, but it’s better than a poke in the eye.
How’s income taxation?
Here in Estonia we have 22% income tax if you earn enough, but also there’s a 33% tax on the employer’s side + some tiny ones on both sides. 22% sounds completely fine except your pre-tax income is NOT what your employer pays for you, they pay a significant extra. Which is still coming out of your salary in the end, because your employer has to offer you a lower pretax income lol
Idk why but this comment made me want to watch something with witty British humor and endearing characters
Can recommend Ludwig for this purpose.