Why We Should Abolish the Social Security Tax
Second, the social tax should be abolished. The government is simply unable to provide adequate social security services.
Take Mike's example again: in Germany he has to pay about €16,289 in social security taxes. That is insane.
So I believe we should scrap the social security tax, but require people to save for themselves, and those savings should be tax exempt.
Happy to argue about it in the comments! :)
More to explore
The Failure of AI Skepticism: Why Manual Coding Is Already the Wrong Layer
In recent months I keep seeing the same pattern: someone posts another example where some "vibe coders" used AI to generate a project, left API keys on the fron…
You Don’t Need a Perfect Modern Stack to Agentize Your SDLC
Continuing the idea from the previous post. Many companies believe that to add agents to their SDLC they first need to completely get rid of legacy, move to mic…
AI in Software Development: What Comes Next?
AI. What’s next? Up until around December, using AI in development basically meant: prompt -> copy some code -> paste -> tweak -> repeat. Now this a…
Startup Taxes Between Estonia and Portugal: A Quick Reality Check
As a tax resident of an EU country who files my own returns, today is my quarterly 'Tax Day'. On this day I set aside a few hours to file social security report…