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Sheik Yerbuti
Joined: 02 Dec 2012
Posts: 105
Location: the promised land
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 Posted: Wed Oct 21, 2015 10:29 am Post subject: Would you work in Saudi if these jobs were taxed ? |
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“They (Saudi Government) have options of borrowing and then they have other options in terms of structural reform, developing some sort of effective tax policy, maybe some privatization,” he said by phone. Still, if the government doesn’t develop sustainable non-oil revenue over the next 5 to 10 years, “then of course, they’re in big trouble," he said.
http://www.bloomberg.com/news/articles/2015-10-21/saudis-risk-draining-financial-assets-in-five-years-imf-says |
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RustyShackleford
Joined: 13 May 2013
Posts: 449
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| Posted: Wed Oct 21, 2015 11:58 am Post subject: |
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| The salary would still be pretty high in the TEFL world and they're going so low these days you may as well work China or Korea... |
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buravirgil
Joined: 23 Jan 2014
Posts: 967
Location: Jiangxi Province, China
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| Posted: Wed Oct 21, 2015 12:51 pm Post subject: |
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| the best username on the Middle East forums wrote: |
| ...he said. |
So you think the Valentine's Day promises made aboard the USS Quincy near their expiry? It's but a perennial whisper among investors since before you were born. Yeah, the Prophet liked green, but so do desert people and Standard Oil of California. Who knows? With climate change, a few shifts of current below and above might terraform the region by terms never measured.
*telephone rings*
Yes? No. No. The falconer's not available. Sure.
What was I saying? Sea changes...that's right. Nobody believes me, but I knew Herbert, personally. I'll tell you what he said if you can keep it under your hat. You want a steak sandwich? I'm not finishing that one. Really. They're delivered every Thursday. Two steak sandwiches and a bottle of Scotch whiskey. I used to care by who, but not any more. Not after she ...
*telephone rings*
What's that? No, it's AABA, and heed the rumble of a distant drum. No problem.
Murder is music to some men, you know? Yeah. Murder. So where was I? |
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2buckets
Joined: 14 Dec 2010
Posts: 515
Location: Middle East
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| Posted: Wed Oct 21, 2015 6:07 pm Post subject: |
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Sometime in the mid-80s the KSA gov't announced the intro on income tax.
When the word got around the Lockheed hangar, you could hear the "clank" of tools dropping to the hangar floor and the mechanics walked over to the company bus to go home for good. Electricity and other services came to a grinding halt and the tax was rescinded the next day.
It became painfully obvious that the country could not run without foreign workers, many of whom would not stay if they were taxed.
A VAT might work depending of course on what percentage it is and what things would be excepted, such as food, petrol, etc. |
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hsm
Joined: 20 Aug 2010
Posts: 65
Location: Second Floor
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| Posted: Thu Oct 22, 2015 4:55 am Post subject: |
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The salary you get in Saudi is not for what you do but rather for the freedom and happiness you give up when you work there! 
So if the payment in Saudi after taxation is almost the same as elsewhere then what's the point of putting a price on your freedom? |
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