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Re:Italia Startup Visa by Fire-Dragon-DoL on Thursday January 15, 2015 @06:20PM (#8896125)
50% taxes for people earning less than 15000€/year ? Yes is a challenge... to survive.

I tried, I said "I'll stay here, I'll pay taxes, make money and resurrect this country", so they added +10% taxes, reduced the "low income reduction" from people earning 30 000/year (gross) to 15000/year (gross), increased the "retirement fund" costs from 24% to 29% (and will increase up to 33.7% in 3 years they said) so I ended up, in one year, from paying ~30% taxes (plus accountant, required in Italy), to ~45%, increasing to 49% in 3 years.

And NO ONE said here the worst part. I can't believe no one mentioned.

The first year you work (not employed), you have to pay taxes for the first year and THE YEAR AFTER, yes, you have understood it: 90% taxes first year, plus accountant.

Good bye, my beloved country. There are a lot of smart people, but I have no idea how to survive there.

Re:Italia Startup Visa by DeusExMachina on Friday January 16, 2015 @05:25AM (#8898075)
Indeed, I forgot that the first year you pay for the second year in advance, but is indeed true.