Quote:
Originally Posted by erd
The problem here is that i live in a country which you pay or don't pay a tax, no problem at all (for now) for some certain jobs. Internet earnimngs is one of that.
Now, if you make $100,000 or 200,000 a year and move to a country like Italy or France, you suddenly begin passing an amount close to $40,000 (for $100k example) to the government, which makes almost HALF a MILLION DOLLARS in just 10 years..
Tough decision..
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The argument on this side is that, if you are resident in France (or Italy, for that matter) then you are benefiting from all the public services provided by the government - and they feel you ought to be kicking in somehow.
To some extent, your friends are right - if you have money, no problem. But that's if you have a trust fund, or a couple million dollars (or better, euros) stashed away somewhere so that you're living on the interest. (And even in that case, you'd be paying your French taxes on the interest PLUS the ISF - a wealth tax you pay each year on your net worth over a certain amount...)
While you're resident in France, you benefit from the health service, the various regulatory agencies (safe food, decent roads, not too many nuclear accidents even with all those nuclear power plants, etc. etc.) and the overall quality of life here.
Can't you buy your luxury car where you are? If you really have no income taxes there, I'd think importing a car might be well worth whatever tariffs or taxes it would take to get it shipped to you.
Cheers,
Bev