Thompson said that increasing taxes in Serbia is still a possibility to pay for the IMF rock concert. I would dump that Thomson and get the the Croatian Thomson hes less expensive. Seriously now Serbia should be very nice to its neighbors that is the only place Serbia has trade surplus with and is not going bankrupt. With the central European trade organization that Croatia presided over invited and approved Serbia in to. What are good neighbors for anyway then to help each other like the old words the of wisdom in business say go localy.
(Lenard, 5 October 2009 18:27)
Not sure about the taxation in Croatia - all I know, that it is pretty high, higher than in Serbia but not as deadly as in Hungary. Like Mircea's permanent idea is EU, my permanent idea is to lower the taxes to the level average Americans are paying. Good neighbors are a good thing, even better thing is good neighbors without way-to-visible borders and without deadly taxes to pay.
-------------
Serbia doesn't have to lower taxes. Serbia's taxes are already the lowest in the region and in Europe.
What Serbia needs is cutting the bureucracy
(Yaroslav, 5 October 2009 17:19)
This is partly true. The VAT is lower than in Hungary, but higher than in Romania. VAT should not be over the levels of typical "sales tax" in the States (most fall into 4-5 %, in some States as high as 9%, in some zero). This increases the spending and gives retail a good boost.
After all, more retail business = more income tax to collect from the shopkeepers.
Tax increase is a proven way to recession, so IMF advise is deadly.
Thompson said that increasing taxes in Serbia is still a possibility to pay for the IMF rock concert. I would dump that Thomson and get the the Croatian Thomson hes less expensive. Seriously now Serbia should be very nice to its neighbors that is the only place Serbia has trade surplus with and is not going bankrupt. With the central European trade organization that Croatia presided over invited and approved Serbia in to. What are good neighbors for anyway then to help each other like the old words the of wisdom in business say go localy.
The IMF need not make anymore demands on Serbia since Serbia will get a loan from Russia.
I hear Croatia needs money, they should go there and start making ridiculous demands on the Croatians to lend them money. The Germans have no more cash to give Croatia and the USA, well that's a laugh! Pretty soon they won't be able to pay the bills for the war in Afghanistan!
You do not need 3 workers for pensions. Essentially no country has this.
Serbia's case is 2:1, not 1:1. There are what some 1.5 million pensioners, 0.5 million people approacing pensioners. Serbia's labour force is at 3.2 million (labour participation rate of 80%).
It's quite simple why Serbia has probelems with pensions. Traditionally they've been based on the budget and not contributions (to meet the demands of pensioenrs party of 70% of average wage, constribution have to total 18% of wage. [Currently in Serbia this amount in Serbia is 22% of wage
Both "antifa" and "aRta" are correct to a good degree.
There was not a single case, IMF advise did help a country. The advise to curb the taxes is deadly. Serbia needs to lower and simplify the taxes. It made a very significant progress on this area, but the VAT is still way to high.
We should not forget, that while "rich and famous" states with "high" (still under 9%) sales tax (California) are bankrupt, some not-so-famous states with zero sales tax (New Hampshire, Delaware, Oregon) are doing OK.
To aRta: the situation in Hungary is disaster, here the ratio of "profit-yielding worker of private industry" / "citizen" is 1:10 or worse. It's not just retiree, but essentially everyone, who does not work for a profit-bringing company capable of sustaining itself without public assistance.
If in Serbia they have 1:1 - that would be wonderful, but I doubt that is the case. I am afraid, the ratio is closer to Hungarian disaster. This is the penalty for much, not just the civil war / bombing / etc - the complete dismantling of R&D all over Central / East Europe is as big disaster.
"Nope, they just will not let to borrow a year to pay for them. That's your politicians' fault. You need 3 workers for each pensioner, Serbia has almost 1 for 1 so something has to give"
How about major investment?
That will be coming to Serbia even more. Don't see that happening in no other Balkan country.
Of course they do, and they also demand Serbia to rob the old people of their pension funds they have been working and payed for all their lifes and cut down workers to a minimum so the profit goes to the western bankers and the already rich.
---
Nope, they just will not let to borrow $billions a year to pay for them. That's your politicians' fault. You need 3 workers for each pensioner, Serbia has almost 1 for 1 so something has to give. IMF gives you money less than 5% a year
Of course they do, and they also demand Serbia to rob the old people of their pension funds they have been working and payed for all their lifes and cut down workers to a minimum so the profit goes to the western bankers and the already rich. Serbia should definitly do like Russia, pay this american trojan NWO-horse and stay away from them for ever...
Of course they do, and they also demand Serbia to rob the old people of their pension funds they have been working and payed for all their lifes and cut down workers to a minimum so the profit goes to the western bankers and the already rich. Serbia should definitly do like Russia, pay this american trojan NWO-horse and stay away from them for ever...
The IMF need not make anymore demands on Serbia since Serbia will get a loan from Russia.
I hear Croatia needs money, they should go there and start making ridiculous demands on the Croatians to lend them money. The Germans have no more cash to give Croatia and the USA, well that's a laugh! Pretty soon they won't be able to pay the bills for the war in Afghanistan!
Both "antifa" and "aRta" are correct to a good degree.
There was not a single case, IMF advise did help a country. The advise to curb the taxes is deadly. Serbia needs to lower and simplify the taxes. It made a very significant progress on this area, but the VAT is still way to high.
We should not forget, that while "rich and famous" states with "high" (still under 9%) sales tax (California) are bankrupt, some not-so-famous states with zero sales tax (New Hampshire, Delaware, Oregon) are doing OK.
To aRta: the situation in Hungary is disaster, here the ratio of "profit-yielding worker of private industry" / "citizen" is 1:10 or worse. It's not just retiree, but essentially everyone, who does not work for a profit-bringing company capable of sustaining itself without public assistance.
If in Serbia they have 1:1 - that would be wonderful, but I doubt that is the case. I am afraid, the ratio is closer to Hungarian disaster. This is the penalty for much, not just the civil war / bombing / etc - the complete dismantling of R&D all over Central / East Europe is as big disaster.
Thompson said that increasing taxes in Serbia is still a possibility to pay for the IMF rock concert. I would dump that Thomson and get the the Croatian Thomson hes less expensive. Seriously now Serbia should be very nice to its neighbors that is the only place Serbia has trade surplus with and is not going bankrupt. With the central European trade organization that Croatia presided over invited and approved Serbia in to. What are good neighbors for anyway then to help each other like the old words the of wisdom in business say go localy.
(Lenard, 5 October 2009 18:27)
Not sure about the taxation in Croatia - all I know, that it is pretty high, higher than in Serbia but not as deadly as in Hungary. Like Mircea's permanent idea is EU, my permanent idea is to lower the taxes to the level average Americans are paying. Good neighbors are a good thing, even better thing is good neighbors without way-to-visible borders and without deadly taxes to pay.
-------------
Serbia doesn't have to lower taxes. Serbia's taxes are already the lowest in the region and in Europe.
What Serbia needs is cutting the bureucracy
(Yaroslav, 5 October 2009 17:19)
This is partly true. The VAT is lower than in Hungary, but higher than in Romania. VAT should not be over the levels of typical "sales tax" in the States (most fall into 4-5 %, in some States as high as 9%, in some zero). This increases the spending and gives retail a good boost.
After all, more retail business = more income tax to collect from the shopkeepers.
Tax increase is a proven way to recession, so IMF advise is deadly.
Of course they do, and they also demand Serbia to rob the old people of their pension funds they have been working and payed for all their lifes and cut down workers to a minimum so the profit goes to the western bankers and the already rich.
---
Nope, they just will not let to borrow $billions a year to pay for them. That's your politicians' fault. You need 3 workers for each pensioner, Serbia has almost 1 for 1 so something has to give. IMF gives you money less than 5% a year
You do not need 3 workers for pensions. Essentially no country has this.
Serbia's case is 2:1, not 1:1. There are what some 1.5 million pensioners, 0.5 million people approacing pensioners. Serbia's labour force is at 3.2 million (labour participation rate of 80%).
It's quite simple why Serbia has probelems with pensions. Traditionally they've been based on the budget and not contributions (to meet the demands of pensioenrs party of 70% of average wage, constribution have to total 18% of wage. [Currently in Serbia this amount in Serbia is 22% of wage
Thompson said that increasing taxes in Serbia is still a possibility to pay for the IMF rock concert. I would dump that Thomson and get the the Croatian Thomson hes less expensive. Seriously now Serbia should be very nice to its neighbors that is the only place Serbia has trade surplus with and is not going bankrupt. With the central European trade organization that Croatia presided over invited and approved Serbia in to. What are good neighbors for anyway then to help each other like the old words the of wisdom in business say go localy.
"Nope, they just will not let to borrow a year to pay for them. That's your politicians' fault. You need 3 workers for each pensioner, Serbia has almost 1 for 1 so something has to give"
How about major investment?
That will be coming to Serbia even more. Don't see that happening in no other Balkan country.
Of course they do, and they also demand Serbia to rob the old people of their pension funds they have been working and payed for all their lifes and cut down workers to a minimum so the profit goes to the western bankers and the already rich.
---
Nope, they just will not let to borrow $billions a year to pay for them. That's your politicians' fault. You need 3 workers for each pensioner, Serbia has almost 1 for 1 so something has to give. IMF gives you money less than 5% a year
Thompson said that increasing taxes in Serbia is still a possibility to pay for the IMF rock concert. I would dump that Thomson and get the the Croatian Thomson hes less expensive. Seriously now Serbia should be very nice to its neighbors that is the only place Serbia has trade surplus with and is not going bankrupt. With the central European trade organization that Croatia presided over invited and approved Serbia in to. What are good neighbors for anyway then to help each other like the old words the of wisdom in business say go localy.
The IMF need not make anymore demands on Serbia since Serbia will get a loan from Russia.
I hear Croatia needs money, they should go there and start making ridiculous demands on the Croatians to lend them money. The Germans have no more cash to give Croatia and the USA, well that's a laugh! Pretty soon they won't be able to pay the bills for the war in Afghanistan!
Of course they do, and they also demand Serbia to rob the old people of their pension funds they have been working and payed for all their lifes and cut down workers to a minimum so the profit goes to the western bankers and the already rich. Serbia should definitly do like Russia, pay this american trojan NWO-horse and stay away from them for ever...
Both "antifa" and "aRta" are correct to a good degree.
There was not a single case, IMF advise did help a country. The advise to curb the taxes is deadly. Serbia needs to lower and simplify the taxes. It made a very significant progress on this area, but the VAT is still way to high.
We should not forget, that while "rich and famous" states with "high" (still under 9%) sales tax (California) are bankrupt, some not-so-famous states with zero sales tax (New Hampshire, Delaware, Oregon) are doing OK.
To aRta: the situation in Hungary is disaster, here the ratio of "profit-yielding worker of private industry" / "citizen" is 1:10 or worse. It's not just retiree, but essentially everyone, who does not work for a profit-bringing company capable of sustaining itself without public assistance.
If in Serbia they have 1:1 - that would be wonderful, but I doubt that is the case. I am afraid, the ratio is closer to Hungarian disaster. This is the penalty for much, not just the civil war / bombing / etc - the complete dismantling of R&D all over Central / East Europe is as big disaster.
"Nope, they just will not let to borrow a year to pay for them. That's your politicians' fault. You need 3 workers for each pensioner, Serbia has almost 1 for 1 so something has to give"
How about major investment?
That will be coming to Serbia even more. Don't see that happening in no other Balkan country.
You do not need 3 workers for pensions. Essentially no country has this.
Serbia's case is 2:1, not 1:1. There are what some 1.5 million pensioners, 0.5 million people approacing pensioners. Serbia's labour force is at 3.2 million (labour participation rate of 80%).
It's quite simple why Serbia has probelems with pensions. Traditionally they've been based on the budget and not contributions (to meet the demands of pensioenrs party of 70% of average wage, constribution have to total 18% of wage. [Currently in Serbia this amount in Serbia is 22% of wage
Thompson said that increasing taxes in Serbia is still a possibility to pay for the IMF rock concert. I would dump that Thomson and get the the Croatian Thomson hes less expensive. Seriously now Serbia should be very nice to its neighbors that is the only place Serbia has trade surplus with and is not going bankrupt. With the central European trade organization that Croatia presided over invited and approved Serbia in to. What are good neighbors for anyway then to help each other like the old words the of wisdom in business say go localy.
(Lenard, 5 October 2009 18:27)
Not sure about the taxation in Croatia - all I know, that it is pretty high, higher than in Serbia but not as deadly as in Hungary. Like Mircea's permanent idea is EU, my permanent idea is to lower the taxes to the level average Americans are paying. Good neighbors are a good thing, even better thing is good neighbors without way-to-visible borders and without deadly taxes to pay.
-------------
Serbia doesn't have to lower taxes. Serbia's taxes are already the lowest in the region and in Europe.
What Serbia needs is cutting the bureucracy
(Yaroslav, 5 October 2009 17:19)
This is partly true. The VAT is lower than in Hungary, but higher than in Romania. VAT should not be over the levels of typical "sales tax" in the States (most fall into 4-5 %, in some States as high as 9%, in some zero). This increases the spending and gives retail a good boost.
After all, more retail business = more income tax to collect from the shopkeepers.
Tax increase is a proven way to recession, so IMF advise is deadly.
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