Re:France to Build Six New Nuclear Reactors
by buserror on Thursday February 10, 2022 @05:00PM
(#30293289)
Ahah, it's always expensive time for the french taxpayer -- always have been! They even have recursive layer of taxes, where you pay taxes on amounts that have... already been removed from your revenue as... taxes.
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Re:France to Build Six New Nuclear Reactors
by sofixa on Thursday February 10, 2022 @11:41PM
(#30297074)
That's not what recursion means. There are income taxes on your whole income (- a base provision for living expenses), and you can deduct certain things ( like donations to nonprofits) from the taxable income.
Re:France to Build Six New Nuclear Reactors
by buserror on Friday February 11, 2022 @03:17PM
(#30306499)
I know what recursion means thank you so much.
If you get $100 income, get a 20% tax on that, and then get another 20% tax on... not $80 but on the /previous/ $100, you are paying recursive taxes.
Thats what the old "CSG" was (replaced by something else but in the same 'spirit'), in france. You are being taxed on amount you already been taxed on.