Re:Ask HN: Cheap places to live with a good intellectual atm...
by Tharkun on Tuesday October 09, 2018 @08:03AM
(#18175184)
Top income tax bracket in Belgium is 50%, but this is after the employer has paid ~30% of that in social security contributions. So your 35K EUR net salary costs your employer roughly 100K (I rounded up, so this is an exaggeration). And you get a whopping 21% VAT rate, a dividend tax of 30%, several other taxes which are seemingly aimed at dissuading people from investing. Oh and there's a corporate profit tax of ~33%.
Long story short: run for the hills, don't come to Belgium.
Long story short: run for the hills, don't come to Belgium.