4 ms·
The US is a very low tax country for the bottom 50% of income earners compared to many countries. From a quick Google: The US federal income tax rate for low e
by Auracle 3y ago
The US is a very low tax country for the bottom 50% of income earners compared to many countries.
From a quick Google: The US federal income tax rate for low earners is something like 12%. In the UK it's 20%. In Sweden it looks like the municipal tax is 32%. The few other countries I looked up had complicated tax systems that made it hard to compare, not that the above examples (and the US) aren't missing their deductions.