Europe's largest economy has flatlined recently, showing no signs of recovery from a winter recession. The International Monetary Fund has predicted Germany will be the only major advanced economy to shrink in 2023.
I mean, I’m already taxed 15% on income tax, another 11% on social and health security, then whenever I buy anything, 21% of the price is tax (so if I spend all my income every month, it was basically another 21% of income tax). Petrol has another tax extra (don’t know how much). When I bought a piece of land I paid another 4% as a tax (and I still had to pay for all administrative tasks like changing the owner in the registry). And I pay tax for owning the land every year. I’m pretty sure I forgot some tax.
I think I’m well over 40%. Not quite happy about it, though.
You’ll be taxed 40% and you’ll be happy about it.
I mean, I’m already taxed 15% on income tax, another 11% on social and health security, then whenever I buy anything, 21% of the price is tax (so if I spend all my income every month, it was basically another 21% of income tax). Petrol has another tax extra (don’t know how much). When I bought a piece of land I paid another 4% as a tax (and I still had to pay for all administrative tasks like changing the owner in the registry). And I pay tax for owning the land every year. I’m pretty sure I forgot some tax.
I think I’m well over 40%. Not quite happy about it, though.