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| Europe |
| European Taxes and Entrepreneurs |
| 2007-01-08 |
| (Comment at Slashdot.org) by Terje Mathisen - Been there, Done that. [Re. Start your own company] Before taking a one-year sabbathical (91-92) which I spent in the US, writing networking code, I had a company that sold terminal emulation/file transfer software. I sold enough licenses to make it one of the top 5 bestselling norwegian programs. During the last year the norwegian IRS grabbed 83% of every Krone I invoiced my customers. At that point I realized that I'd much rather work less and spend more time with my wife & kids, so I closed the company. Explains why so many people move to the U.S. to start a company. |
| Posted by:Chuck |
| #4 It shouldn't be forgotten that at least one Scandinavian country attempted, at one point, to tax its citizens 101% of their income. Meanwhile, here in the USA, by one estimate we pay around 55% of our income in taxes of one sort or another. The Founding Fathers, who fought a revolution because of 3-5% taxes, are spinning in their graves. |
| Posted by: FOTSGreg 2007-01-08 12:27 |
| #3 This is very disheartening. Remember, your Norwegian government more than ever needs your monies to support the ever growing muzzie enclave they are welcoming in. These lazy bastards have no intention of working. They intend to sip tea, seethe, conspire to overthrow the existing government, and gang rape your daughters. Please get off your ass and get back to work. |
| Posted by: SpecOp35 2007-01-08 11:25 |
| #2 He should feel privileged to generate income for the State. Making profit is a smelly exercise, and the government can put it to a much better use than you can - you'd just waste it, anyway, on something useless like an investment which would just generate more profit. A vicious cycle. |
| Posted by: gromky 2007-01-08 07:52 |
| #1 This is the model the Dems are working towards. Never forget it. |
| Posted by: no mo uro 2007-01-08 07:49 |