Wednesday, September 13, 2006

Sneek Preview to 'Enfaldig's guide to Swedish Taxation'

Taxation is something that Swedes have to live with. Abnormally high compared to many countries. However, the benefits one gets are something not to complain about. Still, as a habit most Swedes complain. Something common in any country.

Enfaldig obviously has got it a bit mixed up, and feels his intellectual contributions after studying the system will take him to a higher strata in society. Here is his take on it...

Typically in Sweden, one is taxed on ones earning. The tax is computed based on a percentage of earnings. Which increases in propotion as the earnings increase. However, there is a maximum taxable limit.

According to the findings of Enfaldig, which he has done after much research, that does not seem to be the case. In his report there is no maximum limit. Hence, ones earnings can go to a point where the taxable amount is 100%. And if one earns more than that, the tax percentage can even cross the 100% mark and go over to 101 or more....dah!

Hmmm...bit of a quandary we have here!

Basically what this means is that some afluent people have to pay more in tax than their earnings. From where they get the funds to pay this is anyones guess.

Enfaldig stands by his version and hopes to publish his finding soon. It will be called 'Enfaldig's guide to Swedish Taxation'.

0 Comments:

Post a Comment

<< Home