Saturday, February 1, 2020

Income Tax Around the World

It is one of most Americans' favorite gripes that we have to pay so much in taxes.  But as the chart below (posted today on The Big Picture blog) clearly demonstrates, most other countries in the world have considerably higher personal income tax rates. We really should be grateful that we get as many benefits as we do in one of the lowest taxed countries in the world.  Even though we're constantly being critical of government for being bloated, inefficient and wasteful, we actually get a pretty big bang for our buck.  Hope everyone's enjoying their weekend. 




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