it was the unforseen billions in the bank bailout and the dip in tax reciepts brought on by the recession that raised taxes, the nhs and education are budgeted for its got nothing to do with them.

The problem was it was not UNFORESEEN it was IGNORED. There is a difference.

All the time I paid 50% above 50,000€

Just about that. The Demon pretends like he has investments worth enough to buy me but if he did, he'd know that self-employed high earners in the U.S. give away just about half of every dollar they earn ... the 15% self-employment tax on top of everything else is a bitch.

Of course, that's just on what you bring home ... and even at home you can have deductions or set asides that bring it down.

The Demon fails to realize that in England they get free medical for that tax rate and they don't here. He likes to talk out of his ass.

Oh yeah, there is an income threshold on the self-employment tax that increased again for 2009 but I don't know the newest threshold. If you're a really big baller you can smooth out the self-employment tax to where its hardly noticeable.

lol, well if you want to call what would have been the biggest depression ever known a "market correction" fair enough. financial armageddon is more apt.

It's a good time to be picking up a Spanish Villa on the cheap :winkwink:

Its ridicules over here in the UK what with tax increases and the cost of petrol which will also push a lot of other things up just makes it harder for people to live :(

There are plans to raise tax from 52% to 60% in the Netherlands.. :disgust pretty sure this will happen..

They are crazy here too. I bet they wil rise VAT to 20%, they tried that before the crisis also.

We have to pay for greece that has financial problems. In Greece the people pay much less tax as we do and they stop working when they are 60. We'll have to work till we are 67 and pay 20%+ more taxes. So let's pay for Iceland and Greece so they can retire soon, stupid government here. They forgot we said NO to Europe in a referendum.

I can see 1 good point, maybe we can buy Corfu or Crete.

Cyprus or Gibraltar are still good options :2 cents:

plain and simple usa, uk, aussie know they have you by the balls, even if they tax you at 95% what will you do, nothing, so just be greatful they allow you to keep anything