Tuesday, 23 September 2014

Socialist experiment !

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!


No comments:

Post a Comment