By using this site, you agree to our Privacy Policy and our Terms of Use. Close

Forums - Politics Discussion - Fuck taxes! Love ya Belgium .

Zuhyc on 16 December 2012

I'm all for the rich paying more, but taxes should never ever be higher than 50 %.

Besides, here in Belgium income tax isn't really fair. One can get a raise on their gross income and because of that he ends up in a higher tax scale and ends up getting less money each month.



Around the Network
SamuelRSmith on 16 December 2012


I'm suprised they still keep their Triple A status... considering that even in baseline situations they are going to have a higher debt to gdp ratio then most -AAA countries.


They do and they don't. While "official" ratings may be at AAA, I can tell you from personal experience that the banks are quite edgy on France.



MikeRox on 16 December 2012

France lost it's AAA rating a while back from one of the agencies didn't it?



RIP Dad 25/11/51 - 13/12/13. You will be missed but never forgotten.

Shubhank on 16 December 2012

i would leave the country too.. i don't think rich people should pay more taxes . It should be same 10 - 25% for each person..although i do believe they should be more promoted to donate to charity ... some type of union should be set up .. where all people above certain income donate should donate 10% of their income to charity..giving to government will only make the government spend more on arms and security .. which indirectly is kind of being ready/promoting violence!



Kasz216 on 16 December 2012
MikeRox said:

France lost it's AAA rating a while back from one of the agencies didn't it?


Could be.  The truth is... france isn't that far away from being Spain.  Hence why the put in that 75% tax rate... 



Around the Network
JazzB1987 on 16 December 2012
SamuelRSmith said:
JazzB1987 said:

I think you dont see the problem here. Its highly questionable why anyone earns more than 100k a month or even 10k.  He just got there because of connections or because he keeps the money for himself and the people that work for his company get minimum wage or whatever.


There is no person in the world that deserves more than 10k a month.   Why do you think people get 10k or more a month? They do it because they decide that they get 10k and they also decide that the average joe  gets just enough to survive and keep working without having enough to do what they want.

IMHO 90% tax on people that earn 100k or more would be at least fair.  OR  make your workers get more money and dont be such a f*cking greedy boss.


Forget about the rest of your post... you think that most of the people who earn 10k+ a month only got there through connections? Got any data on that?

Please read again.



haxxiy on 16 December 2012

And to think France still has four years of Hollande insanity ahead of them. In the end of the day seems France is unable to revert it's public debt fortune and the economical ills and it will just dig itself faster into Greece's hole.



 

 

 

 

 

Cobretti2 on 16 December 2012

Well these are the tax tables for france.

2009 Rates by units in a household
1 Unit (=1 Adult household) 2 Units (=2 Adults household) 3 Units (=2 Adults + 1 child household) 3.5 Units (=2 Adults + 2 child household) 4 Units (=2 Adults + 3 child household) Rate
Below €5,875 Below €11,750 Below €14,688 Below €17,625 Below €23,500 0%
From €5,875 to €11,720 From €11,720 to €23,400 From €14,688 to €29,300 From €17,625 to €36,160 From €23,500 to €46,880 5.5%
From €11,720 to €26,030 From €23,440 to €52,060 From €29,300 to €65,075 From €35,160 to €78,090 From €46,880 to €104,120 14%
From €26,030 to €69,783 From €52,060 to €139,556 From €65,075 to €174,448 From €78,090 to €209,349 From €104,120 to €279,132 30%
Beyond €69,783 Beyond €139,556 Beyond €174,448 Beyond €209,132 Beyond €279,132 41%
2013 Rates by units in a household
1 Unit (=1 Adult household) 2 Units (=2 Adults household) 3 Units (=2 Adults + 1 child household) 3.5 Units (=2 Adults + 2 child household) 4 Units (=2 Adults + 3 child household) Rate

From $193,000 to $1,280,000


45%

Beyond $1,280,000


75%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

I wonder when they say beyond 1 million if you get taxed 75% flat rate on everything you earned or anything that you earn over that figure gets taxed at the 75% bracket.

 

As in Aus it is over a threshold:

Financial year 2012-13  

Taxable income Tax on this income Effective tax rate
0 – $18,200 Nil 0%
$18,201 – $37,000 19c for each $1 over $18,200 0 – 9.7%
$37,001 – $80,000 $3,572 plus 32.5c for each $1 over $37,000 9.7 – 21.9%
$80,001 – $180,000 $17,547 plus 37c for each $1 over $80,000 21.9 – 30.3%
$180,001 and over $54,547 plus 45c for each $1 over $180,000 30.3 – 44.9%

 

Personally I feel taxes should be simplified so everyone pays an equal share as why shoudl you be penalised for developing yourself into a higher earner?

It really annoys me that I went through a university degree to get  a better paying job only to be taxed higher lol. On top of that I have a education debt to pay off, which in real terms means loosing more money out of your weekly pay. No problems with the debt, but surely could be taxed lower so you can pay of that debt quicker as you have become a useful tool instead of a bludger in the countries tax system lol.

I would be more than happy if everyone paid say 40%-50% if the government could use that money wisely and invest in offering free public transport systems and medical services to all residents who pay tax.



 

 

Soleron on 16 December 2012

The real issue is that he's now using France's services (roads, policing) without paying French tax. If he is earning money from France he should be taxed on it - perhaps not 75% but still something.

I would like to see all countries move to taxation by origin of earnings for both people and corporations, which would better reflect the use of services and put an end to loopholes such as tax havens and offshore accounts. What's more if one major country adopted it they all would have to otherwise some people could be taxed more than 100%.



Chrizum on 16 December 2012
JazzB1987 said:
kain_kusanagi said:
binary solo said:
I think anyone earning over $1 million Euros per year can afford to pay 75% tax ON EARNINGS OVER $1 million Euros without it affecting their lifestyle in any real way.

However, I do believe that no matter how many dollars you earn a majority of every earned dollar should go into your pocket. i.e. I think governments should discipline themselves such that their budget can be met with a top income tax rate substantially below 50%. If you have to tax anyone above 50% then you're doing something wrong.


What?

You think it's ok to take 75% of someone's earnings? You then go on to say 50% is still reasonable. I suppose you think the state knows how to spend people's money better then they do?

At 75% 1,000,000 would become 250,000

That's a big difference.

If you earned that money I think you would want to spend it on what you want instead of losing 75% of it to taxes. Even 50% is far too much.

I mean, wouldn't a tax system and spending system that requires 10% of everyone with no loopholes be fair and work a lot better? It's just as unfair to make the rich pay more as it is to give the lazy free money.

I think you dont see the problem here. Its highly questionable why anyone earns more than 100k a month or even 10k.  He just got there because of connections or because he keeps the money for himself and the people that work for his company get minimum wage or whatever.


There is no person in the world that deserves more than 10k a month.   Why do you think people get 10k or more a month? They do it because they decide that they get 10k and they also decide that the average joe  gets just enough to survive and keep working without having enough to do what they want.

IMHO 90% tax on people that earn 100k or more would be at least fair.  OR  make your workers get more money and dont be such a f*cking greedy boss.

Hahaha, this is a cute post but incredibly naive. People may only earn 10k a month? Who decides that? What an arbitrary number also. Why not 9k? or 15k? And if you think people only make much money because "they decide it", lol, I wish it would be so easy, I'd be "deciding" that I earn a ton a day

Boohoo some people are rich and I am not. Well, the world ain't fair but that's that.