189 lines
7.3 KiB
HTML
189 lines
7.3 KiB
HTML
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<!doctype html>
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<html>
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<head>
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<title>Pablo here</title>
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<meta charset="utf-8" />
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<meta viewport="width=device-width, initial-scale=1" />
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<link rel="stylesheet" href="../styles.css" />
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</head>
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<body>
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<main>
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<h1>Hi, Pablo here</h1>
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<p><a href="../index.html">back to home</a></p>
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<hr />
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<section>
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<h2>A note for the future: the tax bleeding in 2025</h2>
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<p>
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I hate taxes deeply. I fell through the rabbit hole of libertarian and
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anarcocapitalist ideas some years ago, and taxes have been repulsive
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to me ever since. I go to great lengths to not pay them, and feel
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deeply hurt everytime they sting my wallet against my will.
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</p>
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<p>
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I know life goes by fast, and what today is vivid in your memory fades
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away bit by bit until it's gone. I'm truly hoping that, some day in
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the future, the world will have changed to the better and people won't
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be paying as much tax as we're doing today in the West. Since in that
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bright, utopical future I'm dreaming of I might have forgotten about
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how bad things were on this matter in 2025, I've decided to make a
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little entry here making an estimate on how many taxes I'm
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theoretically bleeding on a yearly basis right now. So that we can
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someday look back in time and wonder: "how the fuck did we tolerate
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that pillaging".
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</p>
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<h3>Inventory</h3>
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<p>
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Before going hard into the number crunching let's list all the tax
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items I'm aware of being subject to:
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</p>
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<ul>
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<li>
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Income Tax: for the sin of making money, the state takes a hefty
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bite of my salary.
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</li>
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<li>
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Social Security: the state runs a forceful Social Security
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programme. If you work, it is illegal to not pay for it. It is
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specially unnerving since it is quite literally a ponzi scheme. At
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least Madoff lured you into it with pretty words, not violence.
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</li>
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<li>
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VAT Tax: for the sin of buying stuff, the state takes another hefty
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bite.
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</li>
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<li>
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Real State Tax: for the sin of owning an apartment, the state
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charges me rent. Do I own it actually?
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</li>
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<li>
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Vehicle Tax: for the sin of owning a motorcycle, the state charges
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me a yearly fee.
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</li>
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<li>
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Wealth Transfer Tax: when you buy real state, you must pay 10% of
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its value in taxes. This is a one off fee if you only buy one house
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in your lifetime, but it is such a slap on the face that it would be
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dishonest to not consider it.
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</li>
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<li>
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Inheritance tax: you thought you were going to keep daddy's loot all
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for yourself? When you inherit, you'll go through the register
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again. Like the wealth transfer tax, is not a frequent one, but it's
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big so let's consider it.
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</li>
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</ul>
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<p>
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There may be some other small, less frequent taxes that I'm not
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considering. These are the ones that will hit most people in my
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country.
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</p>
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<h3>The numbers</h3>
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<p>
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Okay, let's go compute the hideous bill. I'll make a hypothetical
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profile that's roughly close to mine, with a few assumptions along the
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way.
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</p>
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<ul>
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<li>
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<em>Salary</em>: online sources say the typical salary for my job
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position in my area is 70k€ yearly. Including the Social Security
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paid by the company, the sum rises to ~85K€. I consider this way of
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measuring honest, since I think that all the money paid out by the
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employer reflects what's the true salary and value of the employee.
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I read it as, "the company is willing to pay 85K€ for this. What
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ends up in the employees pocket, and what in the State's, they don't
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mind".
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</li>
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<li><em>Expenses</em>: I'll assume I spend half of my salary.</li>
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<li>
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<em>Home Purchase</em>: I'll assume that, during my adult life, I
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would buy once the average home in my town. From what I could find
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online, that's somewhere around 500K€.
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</li>
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<li>
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<em>Vehicles</em>: I own a motorcycle and share the expenses of a
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car with my partner, so I'll count 1.5 vehicles.
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</li>
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<li>
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<em>Inheritance tax</em>: I found a figure stating the average
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windfall in my country is 250K€. We'll go with that.
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</li>
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</ul>
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<p>With those clear, let's see the actual figures:</p>
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<table>
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<thead>
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<tr>
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<th>Tax</th>
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<th>€/year</th>
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</tr>
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</thead>
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<tbody>
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<tr>
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<td>Income Tax (IRPF)</td>
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<td>22,401 €</td>
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</tr>
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<tr>
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<td>Social Security (worker + employer)</td>
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<td>
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25,375 €
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<small
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>(worker 4,445 € + employer 20,930 €)</small
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>
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</td>
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</tr>
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<tr>
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<td>VAT (blended basket)</td>
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<td>5,250 €</td>
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</tr>
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<tr>
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<td>Real Estate Tax (IBI)</td>
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<td>1,000 €</td>
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</tr>
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<tr>
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<td>Vehicle Tax (1.5 vehicles)</td>
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<td>225 €</td>
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</tr>
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<tr>
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<td>Wealth Transfer (10% home, spread 50y)</td>
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<td>1,000 €</td>
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</tr>
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<tr>
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<td>Inheritance (7% of 250k, spread 50y)</td>
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<td>350 €</td>
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</tr>
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</tbody>
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<tfoot>
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<tr>
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<th>Total</th>
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<th>55,602 €</th>
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</tr>
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</tfoot>
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</table>
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<p>
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So there you go. A peaceful existence as a tech professional living a
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normal life leads to bleeding at least 55K€ per year, all while
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getting an 85K€ salary. The tax rate sits at a wonderful 64%. How far
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away is this from hardcore USSR-grade communism?
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</p>
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<p>
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And this is generous, since I didn't model (1) what gets stolen
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through inflation diluting savings and (2) any capital gains that this
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profile might end up paying for whatever investments he is doing with
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his savings.
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</p>
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<p>
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Then you'll see mainstream media puppets discussing why young people
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don't have children. As if it was some kind of mistery. They're being
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robbed their children's bread left and right, while getting hypnotized
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into believing that protecting themselves against this outrageous
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robbery is somehow morally despicable.
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</p>
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<p>Motherfuckers.</p>
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<hr />
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<p><a href="../index.html">back to home</a></p>
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</section>
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</main>
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</body>
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</html>
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