View Single Post
  #26  
Old 11-13-2007, 10:24 PM
kyleb kyleb is offline
Senior Member
 
Join Date: Sep 2004
Location: the death of baseball
Posts: 10,765
Default Re: Healthy frozen dinners

[ QUOTE ]
cbloom,

you are seriously well informed. We have a 35.72% income tax and you get a "personal discount" of that which is about $550. I work in IT and make about an average salary for that field and my total effective income tax last month was 32%.

But that's not the whole story. The real tax is the 24.5% VAT which is on almost any consumer product. Also, the fact that we're a very small economy dominated by large companies that have a virtual monopoly on the market. E.g. about 90% of grocery stores in iceland are controlled by 2 corporations and they are suspected of using price control.

Fun fact: A single big mac (not a meal) is about $8, depending on how much the dollar has fallen that day.

[/ QUOTE ]

lol taxaments

god that is sick
Reply With Quote