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RE: Something both very hilarious, but also very sad, and true - What is it? (2022.02.08)

in LeoFinance3 years ago

These kind of comparison should not to be made at all imho, since it’s irrelevant.

Not at all. We are a member of the EU since 2004. HUF is very weak (seems like a literal joke) against both EUR and USD. We should have switched to EUR long time ago, instead of keep using this worthless HUF.

And not just/only the price is the HUF is low. The salaries too. While the product prices are in the sky. And the VAT. We have the highest VAT (27%) in the whole European Union (EU).

I (and many people) live under the local minimum wage.

I guess around your neighborhood more ppl support the current regime than the alternatives. Talk with ppl, ask their opinion and you will be surprised why is it. Most ppl opinion driven by irrelevant things…

Most people do not support the current regime, but many people say that there is no alternative. There are no possible better leaders. No one would be better. All I see is pessimism and giving up. People do not care about the political leadership anymore, and the politicians can do literally everything.

The literally steal from the people, and they are unable to do anything against it, because no matter who is in charge, the stealing and all the bad things will continue to happen.

This is what they say.

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VAT might be one of the highest, but salary tax within the lowest…

https://taxfoundation.org/personal-income-tax-rates-europe/

Yes, but our salaries and pensions are also one of the lowests.
Actually the government have not changed the amount of the minimum pension in the previous 15 years. It is 28 500 HUF (currently $92.20 USD) per month. The minimum wage is approximately $550 USD per month.
My pension-like income for my multiple disabilities is approximately $250 USD per month. Nowadays I also work in a four hours per day packaging part time job, and my total income is approximately still only $470 USD per month, so I live under the local minimum wage. And many people live under much worse financial conditions. This is a huge shame on the current Hungarian government.