Seeing just how little tax is paid by the rich could start a movement for change. Then again, it may simply be seen as a sad confirmation of what everybody knows.
But there are worse issues here, for example: corruption, stealing of European and government funds, oligarchic control of the power, etc.
A good tax office, effective laws and public awareness seems more important than how high or low are taxes.
I only found data from 2012: http://jalac.kyxar.fr/ANG/ECONOIR11.html
I live in Austria and the underground economy here is way WAY bigger than 8.2%.
Most small restaurants/bars/cafes here are cash only and rarely(never) hand out receipts. Also, tips are a large source of income for workers in the service industry and many are paid under the table.
>Also, tips are a large source of income for workers in the service industry and many are paid under the table.
I thought tip culture isn't really a thing in Europe?
It’s expensive to hide tax money, especially when you can’t use it for investments.
The higher the rates the more it’s worth the risk and difficult work it takes to hide it from the gov. Which typically involves two or three parties (the person paying you without the paper trail, you trying to hide it, and the bank or organization where you plan to hide it in).
To make such a statement you need data. I can argue for the opposite to be true and an inverse relationship exists. Look for countries with very low taxes (like South Africa) and the to ones with high taxes (like Sweden). You will see that lower taxes correlate with higher evasion.
My data is not very rigorous. That is why I think that i requires further work to get to a conclusion. Can you present data that justifies your point?
And about 20% on national insurance. And 20% VAT. Not that low.
Ah, the Eastern Europe usual problems...
The corruption outside of places like the US is of a completely different sort. It's straight up stealing and bribery. Worse, it infects larger segments of the society and government. At the end of the day, it's not really a big deal if a highway is redundantly built a few miles north of an existing one. But lower-level government workers asking for bribes to do their jobs, widespread tax evasion among ordinary people--that stuff isn't just wasteful, it's fatal to the ability of the country to function. It's basic math--there's relatively few elite, and some corruption at the top doesn't add up to much in terms of the overall economy. But when corruption trickles down to the middle class, it's infected the bulk of your economy.
All the PACs and Super PACs that donate endless money, without divulging origin to candidates, so that they’ll push through their agenda?
Like where’s the fiber broadband the government paid billions for to the telecoms?
Here a party receiving money from companies is a big deal.
The majority of political donations come from individuals.
Obama for example raised $1.23 billion from individual contributions over his political career. Out of about $1.5 billion total.
For Trump, about 60% of his campaign's funding came from individual donations (about $220m), his money included. Trump gave about $66m to his own campaign, or around 20% of all the funding. Supporting PACs spent around $100 million.
Hillary Clinton got about 71% of her campaign funds from individual contributions (around $405m). Her supporting PACs spent around $210m.
For the prominent Ted Cruz vs Beto O'Rourke Texas Senate battle, Cruz got 77% of his funding from individual contributions.
From there you'd have to look into the share of the PAC money that comes from individuals versus companies etc. PACs commonly derive a large share of their funding from individual contributions. For some of that you can get good figures, some of it is shadowy.
It’s the difference between inefficiency and direct theft.
But having operated in many “corrupt countries” now, I would say that the only difference is due process that you respect
From our perspective we will never respect how Bulgaria cronyism works, and Bulgarians will never respect how American cronyism works
We’ll call ours due process and imagine Bulgarians are sliding money under tables to get anything done, and they’ll flat out call the outcomes of our system corruption as well
(But there are a lot of favors happening outside of the legal framework too)
a) Don't know much, don't care much, don't really do much; or
b) Super paranoid that we're going to need really expensive consultants and buy really expensive products, and do lots of manual because automation is insecure, need to be on-prem, basically 10-15 years behind.
Neither really patch servers, but often the guys that care are so behind the times they're actually worse.
We’re way past that, there have been multiple individual incidents that have exposed a majority of US SSNs.
Like the US, right?
The finance minister said on the TV these are anyway illegal activities with or without the leaked data. The problem though is that nobody was imprisoned for such crimes for ages, just like there are no politicians going to prison in the last ten years. Guess how many people believe him now.
While fines are routinely used against citizen, companies, and other private entities to force compliance with the law, the absence of fines in the relationship between courts and the executive quite obviously does not imply that the government is free to ignore the law.
This should be obvious, considering there are lawsuits against the government in the news every week. Fines are simply not necessary because public servants are duty-bound to follow court orders. In modern democracies, this is not just theory. Ignoring a court's order is virtually unheard of. It would be a major breech of the rule of law, a tenet more central to democracy than even voting. I wouldn't want to see what happens, although the risk has certainly risen in the last, say, two years, at least in the US.
This might be true for the older/western democracies. Sadly this is not the case in Easter Europe. As we say in Bulgaria - the law is a door in a field. You can go around if you want.
The tax agency is facing a fine of up to 20 million euros ($22.5 million) over the breach.
Probably to general treasury; which the tax office is essentially free to withdraw from.