|
I lived in Italy in the 70's and they have other issues. I got to know my landlord pretty well and :
at that time there was no IRS, whatever you said you made as income was your income and of course everyone is honest.
The reason all the houses look 'rundown' outside is your property tax is decided by how your house 'looks'...paint your house-raise your tax.
I suspect their real issue is unreported income.
Hard to compare to our system.
Raising taxes 5% on an income of 90k is a huge hit considering the taxes on everyday stuff, gas, food, everything is hit because they know folks lie about income so they tax the shit out of everything else.
|