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by icebraining 3320 days ago
What values are we talking about? From a few sites, it seems ~31% (employer + employee), which doesn't seem that high relative to other European countries.
2 comments
baybal2 3320 days ago
Well, they went down. Used to be like that http://www.worldwide-tax.com/bulgaria/bulgarialaborlaws.asp + income tax + "real insurance" + different property taxes, and all of that in a country with a relatively high VAT
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baybal2 3320 days ago
Even today, that 31% rate + 10% income tax, + other stuff can easily halve your income.
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icebraining 3320 days ago
Yeah, well, as a Portuguese I'm paying 35% in SS contributions, plus more than 10% in income tax if one earns more than 920€/month, so I feel your pain.

It wouldn't really bother me if so much of it wasn't wasted, though.

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