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To: SeekAndFind

Hong Kong has a semi flat income tax with three brackets and very few deductions. You can do all your taxes on 1/2 a sheet of paper regardless if you a waitress in a restaurant or wealthy tycoon.

We actually paid more in taxes there than here but minded it less because system was so easy. You did not need an accountant or bookkeeper.


2 posted on 01/09/2023 6:36:20 PM PST by Fai Mao (Stop feeding the beast, and steal its food!)
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To: Fai Mao

I’d rather have a sales tax and get rid of this annual tax filing we have to do.


7 posted on 01/09/2023 7:03:56 PM PST by virgil (The evil that men do lives after them )
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