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A comment on Portugal seeks to become low-tax haven for young people. Parent comment

Re:Portugal seeks to become low-tax haven for young people by thatfrenchguy on Thursday October 10, 2024 @02:49PM (#41802044)
It's not that weird, France is in the same situation.
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Re:Portugal seeks to become low-tax haven for young people by spookie on Thursday October 10, 2024 @04:47PM (#41803425)
It's similar, in relative terms. In France the minimum wage is currently at 75.5% of the median, in Portugal it is 73.1%.

However, the issue lies in the absolute amounts. In France, the median (monthy) is 2340€, but in Portugal it is 1039€.

When you are taxed in relative terms this amounts to quite a big difference when comparing what both government get from their citizens.

I concur that France's cost of living is higher and that I'm wayyyy oversimplifying it.

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