First Portuguese Austerity Tax

[Dogs On Acid]

Here is the new Christmas Subsidy Tax in in force from 2011 onward:

http://img696.imageshack.us/img696/7348/imposto.png (http://imageshack.us/photo/my-images/696/imposto.png/)

- The first column is the amount of money the subsidy is in €.
- The second column is the amount of tax.
- The third column is the third is the % the tax is comparing to annual salary.
- The fourth is the variation of the % from the previous

Ok as we can see the tax starts progressive, the lower subsidies get taxed far less, now the problem lies here:

As the subsidy rises in amount, the variation of the tax gets lower and lower at a incredibly fast pace. It will get to a point where a person that is allowed say 80.000€ in subsidy will pay the same percentage as someone getting 40.000€, the difference will be so small it's not worth writing down.

It's meant to benefit the rich while giving the illusion of a progressive tax.

They think I'm stupid :star:

[Die Neue Zeit]

Is this an income tax, a consumption tax, or a head tax?

[Dogs On Acid]

Workers are entitled to a Christmas bonus in an amount equal to one month's pay, which is paid by December 15 of each year.
The value of the Christmas bonus is proportional to the length of service in a year, according to the following situations:

The year of admission of the worker;

The year of termination of employment in any way;

In case of the suspension of the work contract due to prolonged impediment.


So it's an income tax.