by Plantagenet » Wed 18 Jul 2007, 04:17:25
$this->bbcode_second_pass_quote('Pretorian', ' ') your inability to imagine that outside of USA one doesnt have to bend over to afford health insurance. Thats all he pays, those 13.5%. All federal, state, city, SS, Medicare and whatever else crap combined.
Hahahahahahahah!
Haven't you ever been to Europe? Do you just make up fantasies about Europe or are you lying and hoping no one will notice?
You are either lying or you actually know nothing about taxes in Europe and are just posting falsehoods out of ignorance. You are obviously ignorant of the fact that in the EU there are numerous taxes, including a very high VAT tax on every purchase and transaction--the VAT tax is 19% in the Czech Republic--- and on top of that the income tax rates, property taxes, sales taxes, etc. are as high or higher then in the U.S.
To start with....Individuals in the Czech Republic do pay 12.5% of their salary to the government for health care. But, their employer also pays an additional 35% of their gross salary to the government for their health care.
And that is just for health care coverage:
A summary of the main Czech taxes are listed below
Type of Tax Tax Rates
Corporate Tax 26% in 2005 (to reduce to 24% in 2006)
Personal Income Tax Progressive tax rates starting at 15% rising to 32% for taxable income exceeding CZK 331,200
Value Added Tax (VAT) Standard Rate of 19% for most goods and services
Withholding Tax on dividends 0% to 15%
Withholding Tax on interest 15%
Withholding tax on royalties 25% (subject to terms of double tax treaty)
Companies tax resident in the Czech Republic and EU may be exempt (subject to certain conditions)
Social & Health Insurance Contributions Employer’s contributions: 35% of gross salary and Employee’s contributions: 12.5%
Road Tax CZK 1,200 – CZK 4,200 for passenger cars
CZK 1,800 - CZK 50,400 for lorries
Real Estate Transfer Tax 3% of the higher of actual sales price or independent valuation
Real Estate Tax Depending on the location, basic tax rates :
- tax on land (CZK 0.10 - 5 per m2)
- buildings tax (CZK 1-50 per m2 and higher)
No more silly lies about there being only 12% total tax in an EU country, please......Hahahahahahahahahhaha!!!!!!
