Thread: Microsoft Math question

Originally Posted by Elysia

Depends on what it is.
For products, the tax is 30%, 12% or 6%.
For wages, about 50% of the wage is tax.
And of course, every company must pay tax on their profit, as well. I don't know that sum off-hand.

Pretty sure that if you are an English citizen, and you can qualify to go to Oxford, you go for free.

It's kind of hilarious that people in the US don't want to pay higher taxes, but then spend their entire lives saving hundreds of thousands of dollars so they can send one of their kids to school. Or not, I guess in which case at the end you could say: "We may not be able to afford an eduction for our children, but look at all the consumer junk, cable stations, and extra gas we paid for with all the tax money we saved."

Pure bone-headedness all around.

Faroe Island has a 42% tax rate for regular income, as in workers income, I don't know about buisness' ...
Also, when buying something from close countries like England and Denmark, people usually add 50% to the price since that's about how much extra it'll cost D:

Also, 11 years in school just to get to B level of math isn't too overkill, 11 years take ages you know!

Originally Posted by Akkernight

Faroe Island has a 42% tax rate for regular income, as in workers income, I don't know about buisness' ...

No extra social fees?
I know that's the case here. Pretty similar. High tax + social fees equal about 50% of the pay.

Originally Posted by Elysia

No extra social fees?
I know that's the case here. Pretty similar. High tax + social fees equal about 50% of the pay.

yeah, that's how income is calculated here, half of the amount you see on your... financial report or whatever

Originally Posted by Elysia

No extra social fees?
I know that's the case here. Pretty similar. High tax + social fees equal about 50% of the pay.

Social fees?!?! Haha! Socialist fees is what you mean! Socializing socialist socialized fees. We know. Like Mario says, you are just trying to create another socialized socialist police state that restricts our freedoms with your so-called "social" fees! Commie go home!

Originally Posted by Akkernight

yeah, that's how income is calculated here, half of the amount you see on your... financial report or whatever

I would think that it's double what you see on your pay check that is tax and social fees.
Of course, you have to pay tax for your income, too. Like 30% or so.

Originally Posted by MK27

Social fees?!?! Haha! Socialist fees is what you mean! Socializing socialist socialized fees. We know. Like Mario says, you are just trying to create another socialized socialist police state that restricts our freedoms with your so-called "social" fees! Commie go home!

"Social" fees include the money that the state has to pay out when you're sick or don't have a work, among other things, I believe.

*shrug* Perhaps it was the wrong word then, because it translated exactly to what it's called here.

Originally Posted by sean

And that's part of socialism

Nothing wrong with socialism, it just doesn't work if the govt can't control its spending. But then neither does any other economic system. Personally I think national socialism is the way to go.

Originally Posted by abachler

Personally I think national socialism is the way to go.

Dig the helmets. Are they wearing collars and ties??

Originally Posted by Elysia

Depends on what it is.
For products, the tax is 30%, 12% or 6%.
For wages, about 50% of the wage is tax.
And of course, every company must pay tax on their profit, as well. I don't know that sum off-hand.

OMG!!! And I thought taxes in Canada were bad!
What country is that anyways? Just so I know to avoid ever working there.

Oh no, you'd love to work here. There is a price, but in return, you get wealth. So to speak.
Where it is... ah, a country far to the north, right east of a country that sells oil and it's a country with hot summers and cold winters. Can you guess where? =)

Sweden? Finland?