Sucks to live in Belgium. Not only does your government confiscate most of your income, they then allow your country to be overrun by Muslim terrorists and lock it down like a police state. At least you have those chocolates.
You will find more statistics at Statista
When it comes to income tax, a single person living in Belgium faces the heaviest burden out of all OECD countries. The tax rate for a Belgian single earner comes to 55.3 percent compared to 40.4 percent for a worker married with two children. In the United States, the income tax rate stands at 31.7 percent, according to a recent report from the OECD.
Wonder what the rate for those European nations would be if they didn’t have the United States paying 2/3 of their defense budget for them (through NATO).
And what ours would be, for that matter, if we weren’t.
i’d love to see rankings for the world that are comprehensive, it would be interesting to see all the subhuman 3rd world animals don’t pay for anything and live off “foreign aid.”
I wish I only paid 20%. Maybe I need to get more creative on my taxes.
That’s fairly useless information without knowing what is includes and what isn’t.
Is this comparing median income or average income?
Does this include state taxes, property taxes, and sales taxes? Even within the US each state has different tax structures. Some states don’t have income taxes but high property taxes. Some states have higher sales taxes than others.
Some countries have property taxes about equivalent to what we pay in auto registration fees here in the US, so without looking at the entire tax structure this type of data is useless.
Well thanks for that graphic, Admin. I don’t see the Nordic countries listed there, but isn’t your mantra that those “Socialist” countries where the citizens have actual social benefits such as a right to health care, decent jobs, parental time off, 6 weeks of vacation a year, ALL have higher tax rates than the U.S.?
From Marketwatch today:
“What we spend on our home, food and clothing pales in comparison to our annual tax bill.
In 2016, Americans will pay roughly 20% more for their federal, state and local taxes than for the their housing, food and clothing combined, according to an analysis by the Tax Foundation, a nonpartisan tax research organization.
In 2016, Americans will likely spend roughly $1.6 trillion on food, $2.1 trillion on housing and $360 billion on clothing, totaling about $4.1 trillion. Meanwhile, their total tax bill will be about $4.9 trillion ($3.34 trillion in federal taxes and $1.6trillion state and local taxes).”
So, we’re only the seventh most taxed country in the world. Gee, I feel better now .
But as ASIG points out above, what about all the rest of the taxes. Income tax comparisons are incomplete.
West,
Admins chart is for payroll tax only.
A quick interweb check for taxation in Sweden:
Swedes’ personal income tax can be as little as 29 per cent of their pay, but most people (anyone earning over £32,000) will pay between 49 and 60 per cent through a combination of local government and state income tax.
Then add their VAT and capitol gains of 30%, 7% to their form of social security.
One thing I’ll give to the swedes, their government may be inept as most socialists are, but not as corrupt as ours…
[img]http://images.memes.com/meme/484663[/img]
The information used to compile the graph came from a recent report by the OECD that can be found here:
http://www.oecd.org/tax/taxing-wages-20725124.htm
Scroll down for all countries: For single worker tax wedge (calculated in report) Sweden (9th) 42.7%, Norway (18th) 36.6%. Denmark (19th) 36.4% and Netherlands (20th) 36.2%
New Zealand compares very favorable with lowest or second lowest, see the link Nkit provided.
harry p. says:
i’d love to see rankings for the world that are comprehensive, it would be interesting to see all the subhuman 3rd world animals don’t pay for anything and live off “foreign aid.”
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You have no idea. Foreign aid is just foreign trade. The money bribes politicians to allow multinational corporations to give contracts. Americans print a trillion dollars a year borrowed from china that taxes cant cover to almost all be fat and stupid and live on welfare sending after their jobs have gone where people worharder or go hungry. Thats why my imports are made in china not america.
Work harder*
@Card: Your response is disingenuous and you know it.
Still haven’t heard from Admin……(crickets).
Australia does not have joint filing – taxes are individual. The only way the Oz figures are correct s if singles earn more than married, which I doubt. There are no deductions for kids to my knowledge.
Westcoaster, you fucking moron, do your own research. All the countries you mention have higher rates, not to mention enormous VATs, etc. The fact they are not shown does not mean they are less. Go to the fucking source and figure it out yourself. Here, I will help you:
http://www.oecd.org/tax/tax-policy/taxing-wages-norway.pdf
For a 60% tax rate you better get free
hookers and blow.
http://personalliberty.com/taxpayer-advocate-warns-taxes-could-kill-the-2nd-amendment/
Llpoh says:
Australia does not have joint filing – taxes are individual. The only way the Oz figures are correct s if singles earn more than married, which I doubt. There are no deductions for kids to my knowledge.
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There is Family Tax Benefit, a payment of 70$ per week maximum but the more you make the less you get. Single mother on Parenting Payment of 400$ week with 5 kids 350$ FTB is on 750$ week already, add rent assistance of 200$ theres 950$. Doctor shop until someone diagnoses one of these kids with ADHD when they’re just spoilt/undisciplined and on a sugar rush, theres another hundred at least taking you over a grand a week. Claim Child Support from any of the daddies who have jobs and for every hundred you get from him the govt reduces your pension payment by less than 50, so u are still way out in front. Why work?
I should have said 70$/week per child FTB. Run a business or work and they will calculate it based on gross income so the more you turn over the less you get FTB.