Income Tax rate comparison around the world

[motordavid]

Originally Posted by autoque

The source is given right above the attachment.

It's a comparison of taxes paid by a household earning the country's average wage.

As in only the average Federal/Country income tax, as I railed about
in my earlier post...an almost inane "chart" of "data", imo.

[Eric5273]

I agree that you can't compare unless you have data on the total taxes paid (not just income tax), and you further have data on what services the people get in return from the government.

[lakai]

Originally Posted by blondboinsd

Very funny...

I'm sorry but those differences between the single and married is not right. If we need to close this tax hole I say that we raise taxes on families to 20% at least then they are not so out of whack

I also like Mexico's version. Why should married families with kids get all the breaks? I say they shouldn't!

The UK, Canada, France and Mexico are all where it should be.

I'm going to stop paying half my taxes....

Hey don't get me wrong, I've been single up until a few years ago and felt the way you did. Even now wife doesn't work (Stay at home mom). When I claimed my son last year, for the first time I got a fat rebate. I agree the differences is not right but it is what it is. Raising taxes on families is a political no no.

It's not like you get taxed less as, you just get a child credit. The difference is that one's expenses increase quite a bit once you have a kid.

[lakai]

The only "Fair" way to fill the gap is to increase Sales tax in each state, and create a federal sales tax. At least that is my opinion.

[Wagner]

I'll keep it short and sweet, I'm in a 36% tax bracket..soon to be 39% if Obama gets his "original" way. Not sure what the goofy chart was trying to show

[alpac]

If you want to compare taxes systems in different countries you have to really understand what it really covers. In a some European countries like France and Germany for examples taxes covers many things including education (from pre-school to college), health care, retirement, etc.... So if you were adding that type of expenses is to the taxes that we pay in the USA we would have a much higher % than the one shown in this chart. Taxes systems are very different and trying to compare then with such a chart is totally useless and brings confusion more than anything else.

[mrkbbd]

Semi-funny story, I pull up in my X and this random guy tells me to "enjoy it while you can, Obama is going to redistribute your wealth"

[noncom23]

So what have we learned in 2000 years? ......

"The budget should be balanced, the Treasury should be refilled, public
debt should be reduced, the arrogance of officialdom should be tempered
and controlled, and the assistance to foreign lands should be curtailed
lest Rome become bankrupt. People must again learn to work, instead of
living on public assistance."

Cicero - 55 BCE

Evidently not a Damn Thing........

[blondboinsd]

Originally Posted by Wagner

I'll keep it short and sweet, I'm in a 36% tax bracket..soon to be 39% if Obama gets his "original" way. Not sure what the goofy chart was trying to show

Where did you get the picture of SJ?

[NOVAX5]

Originally Posted by blondboinsd

Very funny...

...Why should married families with kids get all the breaks? I say they shouldn't!...

Mathematically explained:
Having kids is expensive
=> We need more money to raise our kids
=> Tax breaks
Or if
You need more money
=> You need tax breaks
=> Have some kids