the most taxed nations on earth

[the_tyrant]

http://www.businessinsider.com/most-...-world-2011-4#

So it seems like Americans barely pay any taxes compared to the rest of the developed world

[DarkFish]

3rd place and proud of it

[Jan Kyster]

Darned! Beaten by swedes, dutchs... and the belgiums!

[Fish In The Water]

Not even in the top ten, how disappointing!

[STEED]

The UK is the true No.1

[Gerald]

Be happy for that.

[STEED]

Originally Posted by Vendor

Be happy for that.

You taking the p*ss?

[Bakkels]

Originally Posted by DarkFish

3rd place and proud of it

Yes, we are third. But Belgium is #2? But a lot of rich people move just across the border to Belgium because of it's tax climate. Makes me wonder about the quality of that particular article.

[August]

Originally Posted by the_tyrant

http://www.businessinsider.com/most-...-world-2011-4#

So it seems like Americans barely pay any taxes compared to the rest of the developed world

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.

[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.

[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.