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You'd be surprised. Like, if we take taxes as a percentage of GDP as a figure, the US scores pretty well at about 27%. But Australia is at 28%, Canada at 32%,
by dukeyukey 5y ago
You'd be surprised.
Like, if we take taxes as a percentage of GDP as a figure, the US scores pretty well at about 27%. But Australia is at 28%, Canada at 32%, and even the UK at 33%. The differences aren't massive here. He'll, Ireland comes in at 23%.
- Manouchehri 5y agoMy average personal income tax rate was well over 40% during my last year in Canada. (The marginal rate is/was 53.53%.) Even a high tax state like California would have a five figure amount less owed in taxes than Ontario at certain income levels.