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?
🤔
Ah okay, you guys get taxed a lot less then. We have an income tax free portion that slides to 0 by I think 25200 euros annually, at which point you always have to pay 22% of your gross, next year it’ll be 24. And your employer always has to pay 33% on top of your grose too.