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by brg1007 2639 days ago
".... 750E profit - 50% tax = 375E profit"[1]. 50% Taxes in DE, nice place to do business ...

[1] https://github.com/jackdoe/baxx/blob/master/infra-and-pricin...

5 comments

Are you sure this is Germany? The author has their location set to 'Amsterdam' on GH, and has no impressum on their site.

FWIW, corporate taxes in Germany aren't 50%, but 15%. What is close to 50% is personal income tax + health care if you pass a certain threshold. However, even if you're running a just sole tradership (Freier Beruf or Gewerbe), this would only be your personal income - all business expenses are not counted towards your personal income tax base and you get the VAT you paid back.

I would guess it’s someone with a job, and this is hitting income tax.

But corporate taxes in DE are about 30%, not 15. Don’t forget your Gewerbesteuer.

Free school, healthcare and nice infrastructures have a cost..
Too bad that cost is levied on people who don’t even need or want those services. The rich, childless, houseless, and single are subsidizing services for everyone else regardless of whether they personally derive any benefit.

If that doesn’t strike you as unfair I’m not sure what would.

Unfair to me are situations where people die because they are unable to pay for their own needs like food and healthcare. I gladly pay 50% of my income for basic infrastructure, healthcare and welfare for everyone, and i still have more than enough money at the end of the month after all expenses like rent, food, entertainment, etc.
Without government assistance it would be very foolish to not have children, for most people at least. So this cuts both ways. If anything it is more than fair. Rich people avoid most of the taxes anyways also in Germany.
Since they're rich and childless, they should vote with their wallet and move to a country with less taxes.
loving the transparency of this. i'm definitely becoming converted as I'm reading…
If this a calculation is for Germany, it's nonsense.
How so? I pay exactly 51% in Germany (and I’m ok with that).
> As of 1 January 2008, Germany’s corporation tax rate is 15%. Counting both the solidarity surcharge (5.5% of corporation tax) and trade tax (averaging 14% as of 2008), tax on corporations in Germany is just below 30%.

https://en.wikipedia.org/wiki/Taxation_in_Germany#Corporatio...

You're paying income tax at the highest rate. The calculation in the linked document is about "business taxes". So subtracting just half of the money "because of taxes" is not correct as you'll probably not pay that much in taxes for a business.
Aha, thanks. Sounded to me like extra income... but I was clearly not paying full attention.
this is the tax for me in The Netherlands, given i am not a company, so it is normal income tax