Seanjos Posted October 18, 2008 Report Share Posted October 18, 2008 http://news.uk.msn.com/Article.aspx?cp-documentid=10228957 Brilliant. 17.5% Tax on all purchases being the least annoying of the rules & restrictions businesses face in England every day and "unbridled" capitalism gets the blame Stick a fork in us... we're done My new username is START LOOKING FOR A JOB IN HK Quote Link to comment Share on other sites More sharing options...
Juxtys Posted October 18, 2008 Report Share Posted October 18, 2008 In Lithuania, the tax from all purchases is 18%, except for medicine(3%) and books(5%). Not to mention 30% tax from your salary to the state, and 3% tax from your salary to your social insurance, so you will get 200$ a month to stay alive then you get too old or too weak to work. And, businessmen have another privilege - a yearly tax of property - that's 1% of the value you or your company's commercial property. Politicians, not Capitalism gets the blame, but 'The wave of Communism' is still near by providing every citizen the minimum standard of living. But hey, Lithuania's the 30th best country to make your business in! At least before they nationalize all of your property. If it is very good and expensive, they will do it twice "Mazeikiu Nafta" is a good example. And our life is pretty cool. Medium salary of 1000$ a month is pretty good for everyone, isn't it? Plus the 'letter money'* of course. START LOOKING FOR A JOB IN IRELAND! *'letter money' is illegal part of the payment, cash put in envelopes and given to people. We call in 'black money' or 'letter money'. Employers of most of the Lithuanian firms often do that. Quote Link to comment Share on other sites More sharing options...
01503 Posted October 18, 2008 Report Share Posted October 18, 2008 (edited) http://news.uk.msn.com/Article.aspx?cp-documentid=10228957 Brilliant. 17.5% Tax on all purchases being the least annoying of the rules & restrictions businesses face in England every day and "unbridled" capitalism gets the blame Stick a fork in us... we're done Are we supposed to be surprised? Edited October 18, 2008 by NickS Quote Link to comment Share on other sites More sharing options...
gags Posted October 18, 2008 Report Share Posted October 18, 2008 America's salvation might well be the fact that the European politicians are even worse than our own. Quote Link to comment Share on other sites More sharing options...
Juxtys Posted October 19, 2008 Report Share Posted October 19, 2008 America's salvation might well be the fact that the European politicians are even worse than our own. And, European politicians has more power. Quote Link to comment Share on other sites More sharing options...
gags Posted October 19, 2008 Report Share Posted October 19, 2008 If the Europeans had their stuff together, businesses would flee this country at an unprecendented rate. Quote Link to comment Share on other sites More sharing options...
Juxtys Posted October 19, 2008 Report Share Posted October 19, 2008 If the Europeans had their stuff together, businesses would flee this country at an unprecendented rate. You should be glad they aren't then. Quote Link to comment Share on other sites More sharing options...
fletch Posted October 19, 2008 Report Share Posted October 19, 2008 Unbridled capitalism? Has such a thing even come close to existing in the Uk in the last 100 years? When is someone over there going to put a bridle on the socialist horse? Quote Link to comment Share on other sites More sharing options...
funandlearning Posted October 20, 2008 Report Share Posted October 20, 2008 And you think that HK is better? Quote Link to comment Share on other sites More sharing options...
Marty McFly Posted October 20, 2008 Report Share Posted October 20, 2008 America's salvation might well be the fact that the European politicians are even worse than our own. Thats not enough of a salvation. and believe it or not, there are plenty of employers giving "letter money" here too. there will be as long as they keep taxing businesses no matter how little. if it costs money to have a business, there will be "black money". it'll stop when income taxes are abolished. Quote Link to comment Share on other sites More sharing options...
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