She highlighted the high rate of tax in Europe, including income tax, sales tax, value added tax ect. Hungary apparently has the highest value added tax when you buy anything, I believe 28% thats pretty high considering peoples salaries are lower their than Western Europe or even North America.
When you consider all the tax there and the lower standard of living yhere people are moving.
She even said Austria is receiving a high influx of Germans now, who seem to fit in better than all the Muslims who are their.
Anyways shes pointed that before in the past in her childhood her friends could work most any job and earn enough to buy a house save for a retirement and save enough for the annual vacation, which is not the case now.
Anyway, I understand in many Western countries we are now functioning slaves like back in the good ol days in Europe, and thats why our ancestors left Western Europe and most of Europe even Russia.
Anyway we can expect more people to move to lower tax jurisdictions and lower cost of living places, like Asia and Latin America, even Eastern Europe.
Thats it for now. Thanks for reading.
No comments:
Post a Comment