Socialist experiment !

Tuesday, September 23, 2014 Francisco Carneiro 0 Comments

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I have seen this Graph in many research publications

 There is a different reality, Income tax in Portugal went from 40% to 56% and you start paying the top tax from a much lower income! While the cost for the employer did not change from 2008 until now! the take home salary is much lower.

 Vat is now 24% all the taxes went higher.

 The Jury is still out about this socialist experiment!


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