abreaction

void => sense => Topic started by: prime on Jul 31, 2026, 10:14 AM

Title: Flat tax
Post by: prime on Jul 31, 2026, 10:14 AM
QuoteTaxable income includes both active income, such as employment and business income, as well as passive income, such as capital gains, rents and royalties, interest, dividends, certain insurance proceeds, pensions, scholarships, grants, prizes and lottery winnings, etc. This list is not exhaustive; consequently, any income derived by a resident individual not falling within the above categories is taxable, unless a tax exemption is available.

Most items of personal income are taxed on a gross basis, mainly through withholding at source, whereas business income and capital gains are taxed on a net basis subject to certain conditions.

https://taxsummaries.pwc.com/estonia/individual/taxes-on-personal-income

22% rate. Seems saner although it is probably cleaner to tax rents at net.
Title: Re: Flat tax
Post by: Sevil Nox on Aug 03, 2026, 07:34 PM
Quote from: prime on Jul 31, 2026, 10:14 AM
QuoteTaxable income includes both active income, such as employment and business income, as well as passive income, such as capital gains, rents and royalties, interest, dividends, certain insurance proceeds, pensions, scholarships, grants, prizes and lottery winnings, etc. This list is not exhaustive; consequently, any income derived by a resident individual not falling within the above categories is taxable, unless a tax exemption is available.

Most items of personal income are taxed on a gross basis, mainly through withholding at source, whereas business income and capital gains are taxed on a net basis subject to certain conditions.

https://taxsummaries.pwc.com/estonia/individual/taxes-on-personal-income

22% rate. Seems saner although it is probably cleaner to tax rents at net.


My brother says he's taxed at around 20%.

Why am I taxed at 45-50%?
Title: Re: Flat tax
Post by: prime on Aug 08, 2026, 09:49 AM
Quote from: Sevil Nox on Aug 03, 2026, 07:34 PMWhy am I taxed at 45-50%?

If you make any money in this society, they take it all.

I am leaning toward a "citizenship fee": $10k per person per year.

This cuts out all the bureaucracy. When you do any transaction, your drivers ID shows your citizenship fee paid for that year or not.

It will mean that no one votes to use Other People's Money (OPM, pronounced "opium").