Tax Rates by Country: Don't complain about America!
The last post raised more questions for me as there was a missing piece. That piece was this: How does the United States rank in terms of Individual tax rates compared to the rest of the world. So here's the data:
Mean Income Tax Rate in the year 2005 as a % of Income by Country (These are in ascending order of tax burden)
Korea 17%
Mexico 19%
New Zealand 20%
Ireland 26%
Japan 28%
Australia 28%
Iceland 29%
United States 29%
Switzerland 29%
Canada 32%
United Kingdom 34%
Luxembourg 36%
Portugal 36%
Norway 37%
Slovak Republic 38%
Netherlands 39%
Greece 39%
Spain 39%
Denmark 41%
Turkey 43%
Poland 44%
Czech Republic 44%
Finland 45%
Italy 46%
Austria 48%
Sweden 48%
Hungary 49%
France 50%
Germany 52%
Belgium 55%
So when we hear complaints about how much people are paying in taxes, suggest they move to a more favorable country like Japan, Korea, Mexico, New Zealand, Australia and Iceland, or stop complaining!
Mean Income Tax Rate in the year 2005 as a % of Income by Country (These are in ascending order of tax burden)
Korea 17%
Mexico 19%
New Zealand 20%
Ireland 26%
Japan 28%
Australia 28%
Iceland 29%
United States 29%
Switzerland 29%
Canada 32%
United Kingdom 34%
Luxembourg 36%
Portugal 36%
Norway 37%
Slovak Republic 38%
Netherlands 39%
Greece 39%
Spain 39%
Denmark 41%
Turkey 43%
Poland 44%
Czech Republic 44%
Finland 45%
Italy 46%
Austria 48%
Sweden 48%
Hungary 49%
France 50%
Germany 52%
Belgium 55%
So when we hear complaints about how much people are paying in taxes, suggest they move to a more favorable country like Japan, Korea, Mexico, New Zealand, Australia and Iceland, or stop complaining!
Labels: Countries, tax rates paying too much taxes
posted by Charles Amico at 1:14 PM
3 Comments:
Stop Complaining? Hey buddy, here's a better idea: Revolution. Glad the founders had a better sense of justice than complacent morons like you.
Our taxes may not be as bad as other countries' but that doesn't make it okay for the government to waste trillions of dollars annually and make us pay the bill. The Constitution specifically said that there should be no income tax, before that was changed over a hundred years later by people who had no respect for its principles.
What the Constitution specifically said not collect income taxes?
Reading through it in Section 8 "The Congress shall have power To lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide for the common Defence and general Welfare of the United States". No where does it specifically say that we cannot collect taxes of income.
And our for fathers had the forward thinking to allow amendments to be ratified by the states (the people) so the 16th amendment is part of the Constitution.
The Constitution also allowed slavery, perhaps you would like to go back to that too?
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