SMB vs Enterprise
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@Dashrender said in SMB vs Enterprise:
Those tax numbers look similar to here, depending on tax bracket.
I'm in the
28% Federal
6.84% State
7.5% FICA (federal Social Security and Medicare).
42.34% in what we call normal taxesAdditionally I pay
0.86% twice a month for health insurance
4.5% twice a month into HSA (health savings account to by my $5250 max per year out of pocket health costs - after which insurance picks up covered things at 100%)Before private savings I have 47.7% removed from my paycheck.
Now because Social Security pays out next to nothing compared to my current income, I save an additional substantial amount.
At the end of the day, I'm well below 40% of my wage left over to pay my mortgage, car payment, groceries, etc.
Of course this doesn't consider that in Nebraska, we have 7% sales tax on everything except non prepared food, and restaurants have an extra 1.5% on top of that.
So really that 40% is more like 35% or less.Europe has high sales taxes, too. Higher than Nebraska normally. But it is a different kind of tax and we don't consider that as part of income taxes in most cases. It certainly contributes to total tax rates but not in quite such a direct way.
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@scottalanmiller said in SMB vs Enterprise:
@matteo-nunziati said in SMB vs Enterprise:
@scottalanmiller said in SMB vs Enterprise:
So the father/mother
you have to declare which of the parents wants how many months (max cumulative is 9 if I'm correct), then the employer HAS to pay full salary to that parant, no way out.
after the 9 months you can ask for extra but your salary is halved or less. the employer -in theory- can't say no.
also if your child has a recognized handicap you have extra months and extra hours life long util your child ages up to 18.
mine is a deaf daughter so my wife has got a lot of extra timing in the early years. At the time I was a consultant so no paternity, just stay at home or get the salary...This is the kind of stuff that makes the SMB effectively impossible in the EU. I love the concept, but any SMB in the US would basically go out of business having to pay nine months of salary to someone that isn't working. That's easily 20% of their workforce. Imagine if two or three people did that. The risk factor is insane.
well this is included in the taxes paid for/by the employee. actually state is paying for them. Well, actually the company pays and then asks refunds to state.
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@matteo-nunziati said in SMB vs Enterprise:
@Dashrender said in SMB vs Enterprise:
@scottalanmiller said in SMB vs Enterprise:
The EU is offsetting this by taking insane numbers of immigrants to keep the population on an even keel, but it is resulting in a dramatic change as to the makeup of the region as one group soars in numbers and the traditional one collapses.
This also drastically changes the culture in those areas, basically killing them in a completely different way.
immigration is not killing. US is immigration. original cultura was that of indians. what remains of it? But now US fell that the current one is their culture. Now without any consideration about how immigration happens, it simply shifts the culture. making a new one. If there is integration (if you try) you have a fusion, otherwise the new culture will eradicate the old one.
Its life.
In that way, original in Europe is Neaderthal
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@scottalanmiller said in SMB vs Enterprise:
@Dashrender said in SMB vs Enterprise:
Those tax numbers look similar to here, depending on tax bracket.
I'm in the
28% Federal
6.84% State
7.5% FICA (federal Social Security and Medicare).
42.34% in what we call normal taxesAdditionally I pay
0.86% twice a month for health insurance
4.5% twice a month into HSA (health savings account to by my $5250 max per year out of pocket health costs - after which insurance picks up covered things at 100%)Before private savings I have 47.7% removed from my paycheck.
Now because Social Security pays out next to nothing compared to my current income, I save an additional substantial amount.
At the end of the day, I'm well below 40% of my wage left over to pay my mortgage, car payment, groceries, etc.
Of course this doesn't consider that in Nebraska, we have 7% sales tax on everything except non prepared food, and restaurants have an extra 1.5% on top of that.
So really that 40% is more like 35% or less.Europe has high sales taxes, too. Higher than Nebraska normally. But it is a different kind of tax and we don't consider that as part of income taxes in most cases. It certainly contributes to total tax rates but not in quite such a direct way.
Right, which makes comparing prices much more challenging between the US and EU. The imbedded VAT - yeah, not a fan.
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@matteo-nunziati said in SMB vs Enterprise:
@scottalanmiller said in SMB vs Enterprise:
The EU is offsetting this by taking insane numbers of immigrants to keep the population on an even keel, but it is resulting in a dramatic change as to the makeup of the region as one group soars in numbers and the traditional one collapses.
it is not we are offsetting. It is simply that people escape from their countries and land in Europe.
Oh no, Europe is actively pushing for immigration. They have advertising here in Texas for people to emigrate to France. France actually runs government promotions to encourage it.
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@Dashrender said in SMB vs Enterprise:
@scottalanmiller said in SMB vs Enterprise:
@Dashrender said in SMB vs Enterprise:
Those tax numbers look similar to here, depending on tax bracket.
I'm in the
28% Federal
6.84% State
7.5% FICA (federal Social Security and Medicare).
42.34% in what we call normal taxesAdditionally I pay
0.86% twice a month for health insurance
4.5% twice a month into HSA (health savings account to by my $5250 max per year out of pocket health costs - after which insurance picks up covered things at 100%)Before private savings I have 47.7% removed from my paycheck.
Now because Social Security pays out next to nothing compared to my current income, I save an additional substantial amount.
At the end of the day, I'm well below 40% of my wage left over to pay my mortgage, car payment, groceries, etc.
Of course this doesn't consider that in Nebraska, we have 7% sales tax on everything except non prepared food, and restaurants have an extra 1.5% on top of that.
So really that 40% is more like 35% or less.Europe has high sales taxes, too. Higher than Nebraska normally. But it is a different kind of tax and we don't consider that as part of income taxes in most cases. It certainly contributes to total tax rates but not in quite such a direct way.
Right, which makes comparing prices much more challenging between the US and EU. The imbedded VAT - yeah, not a fan.
it's the best, you always know what you are paying. The US has hidden taxes that you can never predict or verify.
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@scottalanmiller said in SMB vs Enterprise:
@Dashrender said in SMB vs Enterprise:
Those tax numbers look similar to here, depending on tax bracket.
I'm in the
28% Federal
6.84% State
7.5% FICA (federal Social Security and Medicare).
42.34% in what we call normal taxesAdditionally I pay
0.86% twice a month for health insurance
4.5% twice a month into HSA (health savings account to by my $5250 max per year out of pocket health costs - after which insurance picks up covered things at 100%)Before private savings I have 47.7% removed from my paycheck.
Now because Social Security pays out next to nothing compared to my current income, I save an additional substantial amount.
At the end of the day, I'm well below 40% of my wage left over to pay my mortgage, car payment, groceries, etc.
Of course this doesn't consider that in Nebraska, we have 7% sales tax on everything except non prepared food, and restaurants have an extra 1.5% on top of that.
So really that 40% is more like 35% or less.Europe has high sales taxes, too. Higher than Nebraska normally. But it is a different kind of tax and we don't consider that as part of income taxes in most cases. It certainly contributes to total tax rates but not in quite such a direct way.
Yeah I always forgot sales taxes because they are implicit in EU. When I was in NY for an holiday I gone mad having to add VAT to everything. here VAT is 22%, except for food: 4% and some special stuff (don't remember but really seldom) at 10%.
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@matteo-nunziati said in SMB vs Enterprise:
@scottalanmiller said in SMB vs Enterprise:
@matteo-nunziati said in SMB vs Enterprise:
@scottalanmiller said in SMB vs Enterprise:
So the father/mother
you have to declare which of the parents wants how many months (max cumulative is 9 if I'm correct), then the employer HAS to pay full salary to that parant, no way out.
after the 9 months you can ask for extra but your salary is halved or less. the employer -in theory- can't say no.
also if your child has a recognized handicap you have extra months and extra hours life long util your child ages up to 18.
mine is a deaf daughter so my wife has got a lot of extra timing in the early years. At the time I was a consultant so no paternity, just stay at home or get the salary...This is the kind of stuff that makes the SMB effectively impossible in the EU. I love the concept, but any SMB in the US would basically go out of business having to pay nine months of salary to someone that isn't working. That's easily 20% of their workforce. Imagine if two or three people did that. The risk factor is insane.
well this is included in the taxes paid for/by the employee. actually state is paying for them. Well, actually the company pays and then asks refunds to state.
So the STATE is paying for their time away? In the US, the employer pays for it, there is no reimbursement at all.
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@scottalanmiller said in SMB vs Enterprise:
@matteo-nunziati said in SMB vs Enterprise:
@scottalanmiller said in SMB vs Enterprise:
The EU is offsetting this by taking insane numbers of immigrants to keep the population on an even keel, but it is resulting in a dramatic change as to the makeup of the region as one group soars in numbers and the traditional one collapses.
it is not we are offsetting. It is simply that people escape from their countries and land in Europe.
Oh no, Europe is actively pushing for immigration. They have advertising here in Texas for people to emigrate to France. France actually runs government promotions to encourage it.
WTF?! really? I was thinking about the north africans and cineses coming here on a daily basis.
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@matteo-nunziati said in SMB vs Enterprise:
@scottalanmiller said in SMB vs Enterprise:
@matteo-nunziati said in SMB vs Enterprise:
@scottalanmiller said in SMB vs Enterprise:
The EU is offsetting this by taking insane numbers of immigrants to keep the population on an even keel, but it is resulting in a dramatic change as to the makeup of the region as one group soars in numbers and the traditional one collapses.
it is not we are offsetting. It is simply that people escape from their countries and land in Europe.
Oh no, Europe is actively pushing for immigration. They have advertising here in Texas for people to emigrate to France. France actually runs government promotions to encourage it.
WTF?! really? I was thinking about the north africans and cineses coming here on a daily basis.
Yes, some are refugees. But coming from an affluent country, we get seriously recruited by the Med countries like Spain, France and Italy. They go out of their way to encourage us to move over.
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@matteo-nunziati said in SMB vs Enterprise:
@scottalanmiller said in SMB vs Enterprise:
So the STATE is paying for their time away?
Yep!
That's fine and awesome then, the company need only find a temp replacement for them. Or live without. In the US, saying that they keep getting salary implies the company is forced to pay, not that they are getting welfare for it. That never happens here.
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@matteo-nunziati said in SMB vs Enterprise:
@Dashrender said in SMB vs Enterprise:
@scottalanmiller said in SMB vs Enterprise:
The EU is offsetting this by taking insane numbers of immigrants to keep the population on an even keel, but it is resulting in a dramatic change as to the makeup of the region as one group soars in numbers and the traditional one collapses.
This also drastically changes the culture in those areas, basically killing them in a completely different way.
immigration is not killing. US is immigration. original cultura was that of indians. what remains of it? But now US fell that the current one is their culture. Now without any consideration about how immigration happens, it simply shifts the culture. making a new one. If there is integration (if you try) you have a fusion, otherwise the new culture will eradicate the old one.
Its life.
OH the immigration to the US definitely killed off the American Indian culture (with the exception of the Indian reservations. Indian culture and western culture were basically incompatible, so one had to go.
I don't know if this is true or not, but I'm hearing this is the case regarding Muslims in the UK. There are sections of the UK where the police don't even go because Sharia Law is taking over. Of course I have no idea if this is really true or not, I don't live there - but it's what the few locals I know are telling me.
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@Dashrender said in SMB vs Enterprise:
I don't know if this is true or not, but I'm hearing this is the case regarding Muslims in the UK. There are sections of the UK where the police don't even go because Sharia Law is taking over. Of course I have no idea if this is really true or not, I don't live there - but it's what the few locals I know are telling me.
Definitely not true. That's insanity. Sharia law doesn't even exist in nearly any Muslim country, the UK has not lost control of its borders.
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@Dashrender said in SMB vs Enterprise:
@matteo-nunziati said in SMB vs Enterprise:
@Dashrender said in SMB vs Enterprise:
@scottalanmiller said in SMB vs Enterprise:
The EU is offsetting this by taking insane numbers of immigrants to keep the population on an even keel, but it is resulting in a dramatic change as to the makeup of the region as one group soars in numbers and the traditional one collapses.
This also drastically changes the culture in those areas, basically killing them in a completely different way.
immigration is not killing. US is immigration. original cultura was that of indians. what remains of it? But now US fell that the current one is their culture. Now without any consideration about how immigration happens, it simply shifts the culture. making a new one. If there is integration (if you try) you have a fusion, otherwise the new culture will eradicate the old one.
Its life.
OH the immigration to the US definitely killed off the American Indian culture (with the exception of the Indian reservations. Indian culture and western culture were basically incompatible, so one had to go.
I don't know if this is true or not, but I'm hearing this is the case regarding Muslims in the UK. There are sections of the UK where the police don't even go because Sharia Law is taking over. Of course I have no idea if this is really true or not, I don't live there - but it's what the few locals I know are telling me.
well true or not this is part of not being capable of control immigration. and this will erase a lot of european culture for sure in 10 years from now. there is too much of one-way tollerance currently. the worst is that is going to hail a lot of xenophobia. just the right tool to manage the thing...
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@scottalanmiller said in SMB vs Enterprise:
@Dashrender said in SMB vs Enterprise:
@scottalanmiller said in SMB vs Enterprise:
@Dashrender said in SMB vs Enterprise:
Those tax numbers look similar to here, depending on tax bracket.
I'm in the
28% Federal
6.84% State
7.5% FICA (federal Social Security and Medicare).
42.34% in what we call normal taxesAdditionally I pay
0.86% twice a month for health insurance
4.5% twice a month into HSA (health savings account to by my $5250 max per year out of pocket health costs - after which insurance picks up covered things at 100%)Before private savings I have 47.7% removed from my paycheck.
Now because Social Security pays out next to nothing compared to my current income, I save an additional substantial amount.
At the end of the day, I'm well below 40% of my wage left over to pay my mortgage, car payment, groceries, etc.
Of course this doesn't consider that in Nebraska, we have 7% sales tax on everything except non prepared food, and restaurants have an extra 1.5% on top of that.
So really that 40% is more like 35% or less.Europe has high sales taxes, too. Higher than Nebraska normally. But it is a different kind of tax and we don't consider that as part of income taxes in most cases. It certainly contributes to total tax rates but not in quite such a direct way.
Right, which makes comparing prices much more challenging between the US and EU. The imbedded VAT - yeah, not a fan.
it's the best, you always know what you are paying. The US has hidden taxes that you can never predict or verify.
Please explain? I know if I see something say it's $10, I know the tax is $0.70. In the EU, if I see something for 10 Euro, I have no clue how much of that is taxes.
it's like fuel here in the US - I don't get a break down of how much of my $2.10/gal is taxes, because I'm only told this gal costs me $2.10 with no explanation.
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@Dashrender said in SMB vs Enterprise:
OH the immigration to the US definitely killed off the American Indian culture (with the exception of the Indian reservations. Indian culture and western culture were basically incompatible, so one had to go.
Most Indian culture was gone before the Europeans arrived. European immigration was a terrible factor, but not the big one. The Europeans coming to the new world in what is now the US found much of it already empty due to the plague that literally decimated the population. Indian culture was going through a shift when the Europeans arrived. Of course having the Europeans here totally changed things, too. but it wasn't the driving factor.
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@matteo-nunziati said in SMB vs Enterprise:
@scottalanmiller said in SMB vs Enterprise:
So the STATE is paying for their time away?
Yep!
Right, the STATE pays, but only after the business paid taxes into the STATE to cover that - the business and the people.
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@Dashrender said in SMB vs Enterprise:
@matteo-nunziati said in SMB vs Enterprise:
@scottalanmiller said in SMB vs Enterprise:
So the STATE is paying for their time away?
Yep!
Right, the STATE pays, but only after the business paid taxes into the STATE to cover that - the business and the people.
Taxes aren't the same at all, because that's spread out over all companies and all people. It's the risk that a single company will suddenly, without control or warning, have its entire staff leave and need full pay even though they left. A company can't absorb that. A flat tax rate on all people so that the risk is shared by the country is perfect. No matter how you slice or dice it, businesses pay the cost of people being at home, with or without tax. Money comes from business, people staying home cost money. So never think of it as taxes paying for it, it's just economics.
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@scottalanmiller said in SMB vs Enterprise:
@matteo-nunziati said in SMB vs Enterprise:
@scottalanmiller said in SMB vs Enterprise:
@matteo-nunziati said in SMB vs Enterprise:
@scottalanmiller said in SMB vs Enterprise:
So the father/mother
you have to declare which of the parents wants how many months (max cumulative is 9 if I'm correct), then the employer HAS to pay full salary to that parant, no way out.
after the 9 months you can ask for extra but your salary is halved or less. the employer -in theory- can't say no.
also if your child has a recognized handicap you have extra months and extra hours life long util your child ages up to 18.
mine is a deaf daughter so my wife has got a lot of extra timing in the early years. At the time I was a consultant so no paternity, just stay at home or get the salary...This is the kind of stuff that makes the SMB effectively impossible in the EU. I love the concept, but any SMB in the US would basically go out of business having to pay nine months of salary to someone that isn't working. That's easily 20% of their workforce. Imagine if two or three people did that. The risk factor is insane.
well this is included in the taxes paid for/by the employee. actually state is paying for them. Well, actually the company pays and then asks refunds to state.
So the STATE is paying for their time away? In the US, the employer pays for it, there is no reimbursement at all.
That's what I meant before when I said the companies get it from the government...
