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Why I hate Germany

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by COINS NEWS 186 Views

In Germany we pay 19% tax on almost everything we buy and we have to pay 25% tax from crypto gains.

If I make 100€ profit from tradeing I have to pay 25€ tax. So I only keep 75€

If I want to buy something for 100€ I have to pay 18€ as tax, in total 119€

Which means in order for me to buy something for 100€ I have to make a profit of 160€ because 119 is ca. 120 and that is 3/4 of 160 and I have to pay 1/4 in tax for crypto.

sorry for my bad english and sentence building I hope you understand what I mean I'm not a native and it's 3am here.

edit:

And let's not forget about the tax you pay when you get your loan from your job..

Paying almost 1/2 tax from your loan. Paying 1/4 tax from tradeing. Paying 1/5 tax for buying something.

how is this even legal?

submitted by /u/AutisthicccGuy
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