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It's no wonder why there is zero innovation coming out of Europe... how the hell are businesses expected to thrive under these conditions? X Source
This and regulations.
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36 sats \ 1 reply \ @gmd OP 19 Aug
Yeah sounds like there are a lot of regulations that incentivize companies to stay below 50 or 10 employees...
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Exactly, and there are here in Europe so many great people, great minds, great ideas, but miserable business environment that stifles everything.
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that can't be right.. 55k taxes on 85k income???
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Technically it's only 48K taxes strictly on the 85K income.
The other 7K come from the other taxes. Mostly VAT.
But I'm afraid it is right.
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When state earns more than the worker who actually spends time, sweat and health doing the job, no one wants to be that worker. The incentive system is fucked up.
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63 sats \ 0 replies \ @sox 19 Aug
Yeah I think it's 43% over 50k in Italy. yikes
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