4 ms·
US taxes on average-ish incomes are definitely among the lowest in the OECD (as expected): http://www.pewresearch.org/fact-tank/2017/10/24/among-developed-natio
by stenl 8y ago
US taxes on average-ish incomes are definitely among the lowest in the OECD (as expected): http://www.pewresearch.org/fact-tank/2017/10/24/among-developed-nations-americans-tax-bills-are-below-average/ http://www.pewresearch.org/fact-tank/2017/10/24/among-develo...
- zizee 8y ago> So we chose to focus on a simple measure of tax burden: national-level income taxes plus mandatory social-insurance contributions as a percentage of gross income I am not an American, nor that knowledgeable about their tax system, but my impression is that their system has a lot of layers (like state/county/local), which might make it unfair just to compare national level taxes.
- deleted 8y ago[deleted]
- candiodari 8y agoDon't forget VAT is double. Property tax is higher. Employment tax (paid by employer, not part of gross pay) is a lot higher. I always feel like tax should be measured in "if my employer pays 100 extra, how much more can I give another company for a good/service". I don't know about US but for Germany the answer is between 25 and 40 depending on how low your income is and what your family situation is.
- iguy 8y agoRight, this is a good measure. The national-level one is just proportion of GDP spent by the government, however they collect it, and IIRC the figures are about 25% in the US, vs. about 45-50% in Germany.