49-60% in tax

[mosdef]

Hi, i think the majority of the members here are from us and the tax in the states is from 25-35%( a quick google search) Here in sweden we have from 49-60% in taxes. What are your opinions on this? Is this a good environment to start a company? This thought has killed many of my ideas as soon as i start count on it and i have to pull away half on taxes(on profit) i dont feel the same encouragement.

 

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[DeletedUser394]

You can move.

Or you can stay put and make it work.

 

[JimClark]

You have to be profitable before you worry about taxes.

You have to start doing something before you can become profitable.

Once profitable, make twice what you need.

 

[mosdef]

no mercy! I like it. I need to get used to this

 

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[FastLaner007]

Move to a less taxed nation like Bulgaria. Its in EU and also one of my biz friends is from Norway but lives there to save taxes on $300000 of profits every year.

 

[mosdef]

I've thought about this and you can save alot of money but how fun is Bulgaria really?

Now it's sound like I wanna have the cake and not share it but living in Bulgaria and maybe saving money and never be available to get them home. Sweden is one of the best countries.



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