In Sweden
In Sweden, if you want to pay (f. ex) a carpenter 300 (which he gets in his hand- taxed and ready) to do a job, you have to lay out 724 before taxes and to earn together that money, your employer has to pay you 1352 before taxes!
Sweden. The home of the poor and the land of?
posted by pela68 at 19:29
2 Comments:
Sadly, in the U.S. it is very similar, to pay a Carpenter $300 net (after-tax income) he must actually be paid roughly $580 and to earn that amount ($580) you must be paid appx. $1170 from your employer.
THAT is just one of the flaws of the “progressive income tax”...it impedes real progress!
Monday 8 March 2010 at 23:22:00 CET
Explaining it that way really helps people understand how taxes work. Of course, taxes are only for us little people. The golden rule is that those who have the gold make the rules, and they make those rules with loopholes big enough for them to slide their billions through.
Tuesday 16 March 2010 at 21:55:00 CET
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