It looks like a great place to visit. Although the building upwards thing looks as if it is getting ugly. I wonder how they survive without tax for the general upkeep and maintenance of everything?
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It looks like a great place to visit. Although the building upwards thing looks as if it is getting ugly. I wonder how they survive without tax for the general upkeep and maintenance of everything?
I didn't think that it looked ugly but it could easily go that way and I supposed that is based on an individuals preferences.
My guess is that there is an agreement with the casino and that a big portion of their profits goes into that sort of thing.
Citizens are tax exempt but foreign nationals living and doing business in the country have to pay taxes. Citizens don't pay income tax but have to contribute to social programs like health and pensions. There is also a 20% VAT on goods like most EU countries, there is a profit tax on some businesses in the city if they export a certain percentage of goods outside the country, and a 1% tax on rental properties. So with all of that it's probably more than enough to cover the costs.
Yeah, it's not totally ugly to me but i do like it when the buildings are smaller and 'older'
Ah that makes a not of sense. For a moment I was wondering if they were so wealthy they dissociated a pile of stuff of their own back. I didn't think about the myriad other ways of taking it in.
Yeah I prefer that as well generally.