The truth behind better wages in Europe than in Malta.
I read the following article in the Times of Malta; (http://www.timesofmalta.com/articles/view/20121010/world/italy-pm-monti-announces-surprise-income-tax-cut.440452) and I it is a great idea that in the following budget in Italy, an anti-corruption commissioner will be appointed to address corruption. Another great sign of recovery is that Monti will lower the income tax rate to 22 per cent from 23 per cent for those earning less than 15,000 euros per year, and to 26 per cent from 27 per cent for salaries between 15,001 and 28,000 euros. The top three income tax bands will remain unchanged. However, not everyone realizes that it is not the amount you earn that matters most, but how much money one has left after the tax is paid. One can compare the rates in Malta at the following link: http://www.ird.gov.mt/services/taxrates.aspx Of great interest is the following link which I am translating into English: http://economiaefinanza.blogosfere.it/2012/05/tasse-italia-2012-in-ital