Live data from Hacker News

Exit Tax: Leave Germany before your business gets big

eidel.io

71–80 of 567 posts

Re: Exit Tax: Leave Germany before your business gets big

#71
post #48

Earlier quoted context omitted.

In Germany only 40+% of your income goes to taxes and social security. Plus another meager ~20% on most things you buy. Plus a small tax on many things that are supposedly bad for you, like ~70% on cigarettes. Death is taxed at a discount, only 15-40% depending on how rich you were. "Free" healthcare though. It's a bargain!

"Free" healthcare always turns out to be the most expensive healthcare.

I call BS on this statement. And German healthcare isn’t even free.

Re: Exit Tax: Leave Germany before your business gets big

#72
post #48

Earlier quoted context omitted.

In Germany only 40+% of your income goes to taxes and social security. Plus another meager ~20% on most things you buy. Plus a small tax on many things that are supposedly bad for you, like ~70% on cigarettes. Death is taxed at a discount, only 15-40% depending on how rich you were. "Free" healthcare though. It's a bargain!

"Free" healthcare always turns out to be the most expensive healthcare.

This take is wildly out of sync with the reality that the U.S., as one of the few developed nations without free healthcare, pays more for their healthcare than all of them while having worse than average outcomes.

The worst healthcare is in reality American healthcare. We pay through the nose for the privilege of getting terrible results.

Re: Exit Tax: Leave Germany before your business gets big

#73
post #65

[flagged]

[flagged]

This comment is in breach of several guidelines. I understand these are important topics and it's fine to raise these points, but HN can only be a good place for discussing difficult topics like these if people make the effort to avoid inflammatory rhetoric.

Please take a moment to read the guidelines and make an effort to observe them in future, particularly these ones:

Be kind. Don't be snarky. Converse curiously; don't cross-examine. Edit out swipes.

Comments should get more thoughtful and substantive, not less, as a topic gets more divisive.

When disagreeing, please reply to the argument instead of calling names. "That is idiotic; 1 + 1 is 2, not 3" can be shortened to "1 + 1 is 2, not 3."

Please don't fulminate. Please don't sneer, including at the rest of the community.

Please respond to the strongest plausible interpretation of what someone says, not a weaker one that's easier to criticize. Assume good faith.

Eschew flamebait. Avoid generic tangents. Omit internet tropes.

Please don't post shallow dismissals, especially of other people's work. A good critical comment teaches us something.

Please don't use Hacker News for political or ideological battle. It tramples curiosity.

https://news.ycombinator.com/newsguidelines.html

Re: Exit Tax: Leave Germany before your business gets big

#74
post #72

Earlier quoted context omitted.

"Free" healthcare always turns out to be the most expensive healthcare.

This take is wildly out of sync with the reality that the U.S., as one of the few developed nations without free healthcare, pays more for their healthcare than all of them while having worse than average outcomes. The worst healthcare is in reality American healthcare. We pay through the nose for the privilege of getting terrible results.

Switzerland has almost the same system as the US, and it works - when my wife needed an MRI, she got referred at around 11am by a specialist, for a call around 1pm to see if she's available that afternoon. She wasn't so they agreed on the next day.

Is it expensive? Yes. Does it work? Absolutely.

Re: Exit Tax: Leave Germany before your business gets big

#75
post #49
post #20

Earlier quoted context omitted.

There's a reason why Kafka wrote his novels in German.

Because he was German Bohemian? ( https://en.wikipedia.org/wiki/Sudeten_Germans#Austria-Hungar... )

no, because bureaucrazy in Germany is rampart.

Re: Exit Tax: Leave Germany before your business gets big

#77
post #61

There's a note at the end > You could, of course, sell or wind down your company, which would solve all problems outlined here. But this is not an option for most entrepreneurs. For a software business, you could presumably: - Incorporate a company in your country of choice - Transfer subscribers from German company to new foreign company (depending on payments provider, this can be a massive effort, for example, not…

Better do it properly. Western countries have tax departments that can make your life a living hell if you do it wrong. If you have enough resources to be subject to an exit tax, I highly recommend paying for proper tax advice.

Re: Exit Tax: Leave Germany before your business gets big

#78

[flagged]

This comment breaches the guidelines and is not conducive to the kind of discussion we're trying to cultivate on HN. It's an important and difficult topic, and thus care needs to be taken to avoid getting activated, then commenting in ways that activate charged reactions in those who see things differently, as this is what takes threads into flamewar hell.

Please take a moment to read the guidelines and make an effort to observe them in future, particularly these ones:

Be kind. Don't be snarky. Converse curiously; don't cross-examine. Edit out swipes.

Comments should get more thoughtful and substantive, not less, as a topic gets more divisive.

Please don't fulminate. Please don't sneer, including at the rest of the community.

Eschew flamebait. Avoid generic tangents. Omit internet tropes.

Please don't use Hacker News for political or ideological battle. It tramples curiosity.

https://news.ycombinator.com/newsguidelines.html

Re: Exit Tax: Leave Germany before your business gets big

#80

[flagged]

Please don't use HN for ideological battle and please don't post canned comments or pre-existing talking points.

None of that is what the site is for. We want curious conversation.

https://news.ycombinator.com/newsguidelines.html

Post reply on HN