Normal
Re: 2011 U.S. Budget Cut in PerspectiveDon't feel too bad, your missing revenue is a missing deduction on the other side. So it doesn't matter too much if you are at 80, 90 or 100% of your revenue potential.Over here with a steep tax progression every Euro I earn more steals taxes as my business partners usually have higher tax rates than me, so when they deduct the amount I get from them they can cut more taxes than I pay more.
Re: 2011 U.S. Budget Cut in Perspective
Don't feel too bad, your missing revenue is a missing deduction on the other side. So it doesn't matter too much if you are at 80, 90 or 100% of your revenue potential.
Over here with a steep tax progression every Euro I earn more steals taxes as my business partners usually have higher tax rates than me, so when they deduct the amount I get from them they can cut more taxes than I pay more.
