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	<title>Cato @ Liberty &#187; virginity</title>
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		<title>Tax Bureaucrats Take the Fun out of Everything</title>
		<link>http://www.cato-at-liberty.org/tax-bureaucrats-take-the-fun-out-of-everything/</link>
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		<pubDate>Fri, 22 May 2009 19:56:59 +0000</pubDate>
		<dc:creator>Daniel J. Mitchell</dc:creator>
				<category><![CDATA[International Economics and Development]]></category>
		<category><![CDATA[Tax and Budget Policy]]></category>
		<category><![CDATA[berlin]]></category>
		<category><![CDATA[earnings]]></category>
		<category><![CDATA[germany]]></category>
		<category><![CDATA[highest bidder]]></category>
		<category><![CDATA[online auction]]></category>
		<category><![CDATA[prostitution]]></category>
		<category><![CDATA[romanian student]]></category>
		<category><![CDATA[tax]]></category>
		<category><![CDATA[VAT]]></category>
		<category><![CDATA[virginity]]></category>

		<guid isPermaLink="false">http://www.cato-at-liberty.org/?p=7366</guid>
		<description><![CDATA[<p>By Daniel J. Mitchell</p>The Daily Mail reports that a Romanian student who sold her virginity to the highest bidder as part of an online auction may wind up keeping less than half of her earnings thanks to Germany&#8217;s oppressive tax system: Tax authorities in Germany are poised to claim 50 per cent of the money that a teenage [...]<p><a href="http://www.cato-at-liberty.org/tax-bureaucrats-take-the-fun-out-of-everything/">Tax Bureaucrats Take the Fun out of Everything</a> is a post from <a href="http://www.cato-at-liberty.org">Cato @ Liberty - Cato Institute Blog</a></p>
]]></description>
			<content:encoded><![CDATA[<p>By Daniel J. Mitchell</p><p>The <em>Daily Mail</em> <a href="http://www.dailymail.co.uk/news/worldnews/article-1185928/Teen-auctioned-virginity-8-000-LOSE-half--prostitutes-Germany-taxed-50-earnings.html">reports</a> that a Romanian student who sold her virginity to the highest bidder as part of an online auction may wind up keeping less than half of her earnings thanks to Germany&#8217;s oppressive tax system:</p>
<blockquote><p>Tax authorities in Germany are poised to claim 50 per cent of the money that a teenage student earned for &#8216;auctioning&#8217; her virginity&#8230; Romanian-born Alina Percea, who is a student in Germany, was paid £8,800 in cash for a weekend of sex with the Italian businessman after she auctioned her virginity online. But tax officials in Berlin regard the 18-year-old&#8217;s act as &#8216;nothing more than prostitution&#8217;. Prostitution is legal in Germany &#8212; but it is heavily taxed. &#8230;It also emerged that, because Alina earned so much in such a short time, she may even be liable for a hefty VAT bill too. VAT in Germany works out to 19 per cent, meaning the sale of her virginity could land her with just over £3,000 in the end.</p></blockquote>
<p><a href="http://www.cato-at-liberty.org/tax-bureaucrats-take-the-fun-out-of-everything/">Tax Bureaucrats Take the Fun out of Everything</a> is a post from <a href="http://www.cato-at-liberty.org">Cato @ Liberty - Cato Institute Blog</a></p>
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