Today 12:52 AM
PREVIOUS INSTALLMENT: Total surveillance inside the EU
SURVIVAL LILLY
https://youtu.be/W56VKu5YKB0
VIDEO EXCERPTS: Today I want to tell you about the taxes in Europe. I would like to say that we have different taxes in different EU countries. So it's not the same everywhere...
[...] So that's really high in Western Europe. In Eastern Europe, the taxes are a little bit less. So it's not that bad, but still people in the east of Europe are earning less. Those taxes have a big impact on the lives of people.
So first of all, let's check the value-added tax (VAT) in Europe. Here in Austria, for example, we have a value-added tax on goods.
For example, this phone here or this camera or this car, the tax is 20%. Okay. So, if you want to purchase a camera for €1,000, including the value-added tax, it will cost you €1,200.
So, 20% is the value-added tax in Austria, but there are countries in the European Union where the value-added tax is even higher. The number one is Hungary, with 27%.
Now, let's check the other countries and their value-added tax. So, Finland has 25.5%. Croatia, Denmark, Sweden 25%. Estonia 24%, Ireland 23%, and Switzerland only has 8.1%.
[...] Also in Austria, the value-added tax on food is 10%. 10% if you purchase apples, milk, and flour for baking. Governments could easily take off pressure of the citizens by just exterminating the value-added tax for food.
Now let's check the income tax in Austria. The income tax is good for poor people but bad for middle-class people. [...] if you earn below 13,000 a year in 2025, then you will actually not have to pay any income tax.
The next step is from €13,000 to €21,000 and for this you will pay 20%. So, that's also okay. But then pretty quickly the income tax is rising progressively. So, between €21,000 and 35,000, you will have to pay 30%.
And then most people earn a little bit more. Between 35,000 and 70,000, you already pay 40% of your income. And this goes up to 55% if you earn more than 1 million...
The destruction of the European middle class ... https://youtu.be/W56VKu5YKB0
SURVIVAL LILLY
https://youtu.be/W56VKu5YKB0
VIDEO EXCERPTS: Today I want to tell you about the taxes in Europe. I would like to say that we have different taxes in different EU countries. So it's not the same everywhere...
[...] So that's really high in Western Europe. In Eastern Europe, the taxes are a little bit less. So it's not that bad, but still people in the east of Europe are earning less. Those taxes have a big impact on the lives of people.
So first of all, let's check the value-added tax (VAT) in Europe. Here in Austria, for example, we have a value-added tax on goods.
For example, this phone here or this camera or this car, the tax is 20%. Okay. So, if you want to purchase a camera for €1,000, including the value-added tax, it will cost you €1,200.
So, 20% is the value-added tax in Austria, but there are countries in the European Union where the value-added tax is even higher. The number one is Hungary, with 27%.
Now, let's check the other countries and their value-added tax. So, Finland has 25.5%. Croatia, Denmark, Sweden 25%. Estonia 24%, Ireland 23%, and Switzerland only has 8.1%.
[...] Also in Austria, the value-added tax on food is 10%. 10% if you purchase apples, milk, and flour for baking. Governments could easily take off pressure of the citizens by just exterminating the value-added tax for food.
Now let's check the income tax in Austria. The income tax is good for poor people but bad for middle-class people. [...] if you earn below 13,000 a year in 2025, then you will actually not have to pay any income tax.
The next step is from €13,000 to €21,000 and for this you will pay 20%. So, that's also okay. But then pretty quickly the income tax is rising progressively. So, between €21,000 and 35,000, you will have to pay 30%.
And then most people earn a little bit more. Between 35,000 and 70,000, you already pay 40% of your income. And this goes up to 55% if you earn more than 1 million...
The destruction of the European middle class ... https://youtu.be/W56VKu5YKB0