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Re:Portugal’s Economic Revival by walshemj on Friday December 28, 2018 @04:55PM (#18779764)
I looked at a job in Portugal an the taxes where less than the UK - this is for a 100,000 euro salary no less.
Re:Portugal’s Economic Revival by geezerjay on Saturday December 29, 2018 @05:17AM (#18782962)
> this is for a 100,000 euro salary no less.

In Portugal the income tax rate for a €100k gross salary is around 50%.

Then of course there are other forms of taxation, such as a gas tax of over 100%, a rent tax of around 30% and of course a 23% VAT.

Re:Portugal’s Economic Revival by ttty on Friday December 28, 2018 @11:04PM (#18781741)
Probably you got the calculation wrong. And to get 100k in Portugal you probably need to be CEO of a bank or very close. Teachers get max gross 40k a year.
Re:Portugal’s Economic Revival by walshemj on Saturday December 29, 2018 @06:31PM (#18786335)
Senior SEO engineering role I was surprised at how much given it was in Portugal.
Re:Portugal’s Economic Revival by munchor on Saturday December 29, 2018 @03:04AM (#18782576)
If you make 100K euros per year in Portugal you will pay more than 50% in taxes.
Re:Portugal’s Economic Revival by isostatic on Saturday December 29, 2018 @05:15AM (#18782953)
59% marginal above 80k, UK at that level is 42%.
Re:Portugal’s Economic Revival by varjag on Friday December 28, 2018 @07:26PM (#18780663)
South Europe complaining about high tax is like Americans complaining about expensive petrol.
Re:Portugal’s Economic Revival by icebraining on Friday December 28, 2018 @10:06PM (#18781518)
That's only really true for income taxes; we're in the top 10 for VAT, way above average for gas taxes, high energy taxes, etc. If you look at the net personal average tax rate, we're close to Norway, Luxembourg and France, except when you live with less than €10k/year, every marginal euro taken for taxes hurts quite a bit more.
Re:Portugal’s Economic Revival by varjag on Saturday December 29, 2018 @09:23AM (#18783678)
When one starts to lump unrelated taxes atop of income tax, it's a sure sign it's not that dramatic.

VAT in Norway is 25%, petrol yesterday was €1.6/L (and we're a major oil producing nation). A car here is probably 1.8x of same model sold in Portugal, purely due to the taxes. About 35% of my (unremarkable) paycheck effectively goes towards income tax, after all tax breaks are factored in. If you are in top tax bracket, you'd be easily paying 45% effective income tax, with nominal over 50%.

Do we get fair return for the money? Most people here seem to think so. Can smaller tax on over smaller base income be felt disproportionately? You have a point there. However Portugal is a first world nation, and this level of civics, infrastructure, education and healthcare does require substantial money for upkeep. There is no good way around this, but hopefully you get a better deal on that due to economies of scale than if you had to provide all that for yourself on your own.

Re:Portugal’s Economic Revival by icebraining on Saturday December 29, 2018 @11:40AM (#18784357)
You seem to be confusing me with someone who wants low taxes. I do not. I just disagree that we already have low taxes, as you implied with your comparison.

Norway is an outlier even among rich countries. Having lower taxes than Norway does not mean taxes are low.