Aight I’m an accountant here. The government somehow has people accepting this system:
Minimum wage about 2000 euros netto, probably even higher. Per month.
Someone with 3200 euros gross will have about 2240 euros net.
80% of the gross goes majorly to social contribution and personal income tax.
Then afterwards, for every euro you earn (gross) you pay 13,07% social contribution and then about 45 to 55% personal income tax on the leftover.
Our income gini is 0,26.
The true way to earn money in Belgium is to consume less and save more. We’re manipulated into doing that.
21% VAT brakes consumption. 0% capital gains tax on real estate makes people buy their house with a mortgage. The interest of the mortgage is basically paid by the capital gains. Same with stocks/gold/…
You need to be educated in Belgium. The law is equal for all.
Well vast majority of people within any country but thank you for the link
Aight I’m an accountant here. The government somehow has people accepting this system:
Minimum wage about 2000 euros netto, probably even higher. Per month.
Someone with 3200 euros gross will have about 2240 euros net.
80% of the gross goes majorly to social contribution and personal income tax.
Then afterwards, for every euro you earn (gross) you pay 13,07% social contribution and then about 45 to 55% personal income tax on the leftover.
Our income gini is 0,26.
The true way to earn money in Belgium is to consume less and save more. We’re manipulated into doing that.
21% VAT brakes consumption. 0% capital gains tax on real estate makes people buy their house with a mortgage. The interest of the mortgage is basically paid by the capital gains. Same with stocks/gold/…
You need to be educated in Belgium. The law is equal for all.