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Global tax time -- who pays the most?
These are personal wage tax rates -- not business and corporate rates.
The are other factors like VAT and GST to be considered. Just for the record --source of data OECD not some bullshit Google image rip :1orglaugh https://s3.postimg.org/jn1wx707n/C9_Hx8_KVXYAAzyi_I.jpg |
comparing ALL taxes (including sales, excise, vat, etc) is probably more meaningful? what good is for example low income tax, if when you spend the $$ you have to pay 50% sales tax?
http://www.sagebroadview.com/wp-cont...age-of-GDP.jpg |
Live now I wanted to make a point to all the ones crying that US taxes should be more -- share the misery? Your chart has a double edged sword however -- it justifies why there will be a proposal for a VAT tax in the USA eventually. |
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No, the green is wage earners income tax -- Denmark is the highest, then Iceland
red and brown are social benefits -- look at the legend at the top. |
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