this post was submitted on 15 Mar 2024
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Political Memes

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[–] [email protected] 7 points 8 months ago (1 children)

Omg, like a tax refund? Gimme a break. Fuck the rich with a tire iron.

[–] [email protected] 4 points 8 months ago (2 children)

Dude, I have much of my savings for retirement invested in stocks (ETF’s, it’s a fairly safe investment) since the social security in my country kinda sucks. My return on investment is 5% a year. Having a 6% tax actually means I lose money

[–] [email protected] 3 points 8 months ago* (last edited 8 months ago)

It’s not 6% tax, the expected returns for investments are 6% and those are taxed at 36%. The first €57k (or €114k with partner) are tax free. So if you have €1M invested and have a partner, they expect you to make €60k and let you pay €20k.

You can invest in a retirement fund (managed by you, if you like) tax free from your gross salary (up to a limit). You’ll pay income taxes over your pay outs when you retire. The conditions are that you can only use it for your retirement.

[–] [email protected] 0 points 8 months ago (1 children)

The idea is that if such a tax existed the social security wouldn't suck

[–] [email protected] -2 points 8 months ago

That's a very delusional idea.