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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

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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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This and regulations.

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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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liar liar pants onfire

great people, great minds,, great ideas? please stop gaslighting us

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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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