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Country: Vietnam
Timeline
Posted

This webpage is not available.

The webpage at http://www.economist.com/node/17198511?fsrc=scn/fb/wl/dc/letsgetfiscal might be temporarily down or it may have moved permanently to a new web address.

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Filed: Timeline
Posted
I fear the Swiss tax rate is actually a lot higher than shown in this chart, once state and communal taxes are taken into account. As per latest statistics, total state spending is about 35% of Swiss BIP. It seems the chart is just taking the federal tax into account, which obviously paints a much too rosy picture - wish it were true!

I was going to say the same thing about the US. Some of the states, like California and New York, take significant chunks in taxes on 100K+ income. I also wonder if the chart takes the AMT rates into account as well.

Filed: Citizen (apr) Country: Brazil
Timeline
Posted

Wow....look at socialist France!

makes ya wonder what their immigration policies are, eh?

* ~ * Charles * ~ *
 

I carry a gun because a cop is too heavy.

 

USE THE REPORT BUTTON INSTEAD OF MESSAGING A MODERATOR!

Posted

Hmm, so we now have more government intervention than Russia. Good to know.

Russia went from one extreme fail to another.

This chart is a little disingenuous though, as most countries start significantly taxing people after ~$200K. They also have substantial federal GST/VAT on all good and services sold.

According to the Internal Revenue Service, the 400 richest American households earned a total of $US138 billion, up from $US105 billion a year earlier. That's an average of $US345 million each, on which they paid a tax rate of just 16.6 per cent.

Posted (edited)

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Edited by Heracles

According to the Internal Revenue Service, the 400 richest American households earned a total of $US138 billion, up from $US105 billion a year earlier. That's an average of $US345 million each, on which they paid a tax rate of just 16.6 per cent.

 

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