You are viewing a single comment's thread from:
RE: Trump Wants To Repeal Federal Income Taxes And Abolish The IRS
Yes, I pay it. But it's just one tax, not a Federal, State, and local tax like in the US and it is a flat rate
Yes, I pay it. But it's just one tax, not a Federal, State, and local tax like in the US and it is a flat rate
The rate can vary between 1.9% and 30%. On top of that you need to add 8% or 16% for IVA (Impuesto al Valor Agregado) when applicable. So it's not that quite simple but it's probably less cumberson than all the taxes in the US.
Much simpler. No filing returns. Just comes out if your check at a flat rate.