the most taxed nations on earth

[Herr-Berbunch]

Tax on taxes - anything on itself just isn't right!

[Bilge_Rat]

Originally Posted by August

Income taxes, Federal income taxes, maybe but that isn't count State Income taxes, property taxes, excise taxes, sales taxes and all the other taxes and fees we pay.

The rate they quote for Canada (#11) includes both federal and provincial income tax.

On top of that you have to add sales tax on most purchases (around 13-15%), property taxes (around 1% of house value), various payroll taxes (another 1% up to a max of around can. $2,000 a year).

..but all our health care is FREE!

even then, you have many Hockey players who do not want to play for Canadian teams because of the higher tax bite.

[Gerald]

Originally Posted by STEED

That would be a corker if Clegg was standing behind Cammeron suggesting he's twisting his balls.

Cameron..We will do this and that, ouch!

Clegg..What!

Cameron..We will think about it for a while.

Clegg..Good boy.

[STEED]

Originally Posted by Vendor

[August]

Originally Posted by Bilge_Rat

..but all our health care is FREE!

Thanks for reminding me. Add another $4-600 bucks (US) per person for private health care payments.

[Armistead]

I once tracked all my taxes for a year. I'm sure we missed a few things, but after all taxes fed and state, income, property, sales, gas, etc...I paid 53% of my income. Add to that medical insurance it went to 58%, but was getting that at the time through wife working for state, so rather cheap.

But they say the middle class pay little taxes...right.

[UnderseaLcpl]

Originally Posted by Armistead

But they say the middle class pay little taxes...right.

Who says that?

[the_tyrant]

just did some quick math for the taxes in Canada


if you make 100000
27400 gets taxed away by income tax (27.4%)
13% sales tax
plus assuming you have a 500000 house (houses in canada seem to be more expensive than in the states), you will have to pay 8000$ in tax
than there is also EI (employment insurance that you have you contribute to)
and the union fees etc

so the result is, a middle class Canadian needs to pay
27400+13%*100000+8000=48400$, not including EI, pensions, union fees etc

[nikimcbee]

Originally Posted by August

Income taxes, Federal income taxes, maybe but that isn't count State Income taxes, property taxes, excise taxes, sales taxes and all the other taxes and fees we pay.

I gotta write the check today. I wish I could pay in pennies.

[Penguin]

This statistic is bull - at least if you refer to the headline: "The Most Heavily Taxed Countries In The World"
as they state themself:

"These taxes may not include local taxes, municipal taxes, city taxes, or VAT. They are, as stated, statutory income tax rates."

so no real comparision is possible.
for example: the income tax I have to pay every month is only 30% of the whole sum which goes off my income. The german bureaucracy has two words for taxes: one is Steuern(taxes) - the other is Abgaben (dues, charges), both are compulsary. So you don't call it taxes, but it leaves the same hole in your pocket.

On the other hand it's also what you get for your money. In the nordic countries you have high income taxes and high VAT, but not many other taxes - you don't have to pay medical insurance or pensions extra, like we do. So while it first looks like the Swedes or Danes pay much more like we do, in the end we pay the same - but the Scandinavian taxpayer gets more benefits back from the state than us Krauts.

@tyrant: you don't pay sales tax on an income - only when you spend it - and then only if you spend it for domestic goods that have no VAT exceptions

[nikimcbee]

Originally Posted by Penguin

This statistic is bull - at least if you refer to the headline: "The Most Heavily Taxed Countries In The World"
as they state themself:
so no real comparision is possible.
for example: the income tax I have to pay every month is only 30% of the whole sum which goes off my income. The german bureaucracy has two words for taxes: one is Steuern(taxes) - the other is Abgaben (dues, charges), both are compulsary. So you don't call it taxes, but it leaves the same hole in your pocket.

On the other hand it's also what you get for your money. In the nordic countries you have high income taxes and high VAT, but not many other taxes - you don't have to pay medical insurance or pensions extra, like we do. So while it first looks like the Swedes or Danes pay much more like we do, in the end we pay the same - but the Scandinavian taxpayer gets more benefits back from the state than us Krauts.

@tyrant: you don't pay sales tax on an income - only when you spend it - and then only if you spend it for domestic goods that have no VAT exceptions

I think ore-gone plays the same game? We don't have "taxes", we do have plenty of fees!

[tater]

Below a certain income it is pretty safe to assume virtually all money is spent, so adding in sales/VAT taxes seems reasonable.

tyrant, 100 grand in Canada puts them in the top 5%—RICH, not middle class (caveat: the canadian stats page I found said that 89 grand put you in the top 5%, but the data was 2004).



That's the trick. Pols say "tax the rich!" and the people hearing it think, "yeah, tax those rich bastards, not the middle class like me!" They don't realize THEY are rich to the pols.

[flatsixes]

Enjoy!
http://www.taxrates.cc/

[the_tyrant]

anyways, I still have to work on my tax calculations than

now have some fun laughing at people who fail at tax evasion!
http://www.cracked.com/article_17240...ly-trying.html

[Happy Times]

Originally Posted by Penguin

On the other hand it's also what you get for your money. In the nordic countries you have high income taxes and high VAT, but not many other taxes - you don't have to pay medical insurance or pensions extra, like we do. So while it first looks like the Swedes or Danes pay much more like we do, in the end we pay the same - but the Scandinavian taxpayer gets more benefits back from the state than us Krauts.

What a middle income earning Finn pays from his every paycheck automatically.

29% divided as follows.

54% Communal income tax
21% State income tax
14% Pension fee
4% Church tax (Yes they have the right to tax you if you belong to the Evangelical Lutheran Church of Finland.)
7% Unemployment fee and medical insurance fee.

After this comes the high VAT, gas tax, energy tax, car tax, property tax etc...