Re:Norway: 37% of new vehicles sold in January were electric
by charlesdm on Sunday February 19, 2017 @04:45PM
(#13682193)
Belgium is high tax for people who earn money through labour, but relatively low tax for people with capital / significant wealth.
If you are worth €5m, you can honestly get away with paying almost no tax. If you earn a salary however, you pay ~55%. There is no capital gains tax, which does attract wealthy people to move and spend here, so that's a definite positive.
I would argue we’re a high tax country, that is also a tax haven for some. I think that for most people, the high overall tax rate + employer cost is hurting.
If you are worth €5m, you can honestly get away with paying almost no tax. If you earn a salary however, you pay ~55%. There is no capital gains tax, which does attract wealthy people to move and spend here, so that's a definite positive.
I would argue we’re a high tax country, that is also a tax haven for some. I think that for most people, the high overall tax rate + employer cost is hurting.