It all depends on where you live… 🙂
“The sovereign countries with the least income tax are Bahrain and Qatar, where the rate, regardless of income, is nil.”
-Guiness Book of World Records.
Thought you’d like to know.
Here’s how we stacked up in “Statistical Abstract of the United States: 2003”:
Single person without children:
United States 24.3
Australia 23.6%
Austria 28.6
Belgium 41.4
Canada 25.7
Czech Republic 23.7
Denmark 43.1
Finland 31.7
France 26.5
Germany 41.2
Greece 16.5
Hungary 29.1
Ireland 16.4
Italy 28.1
Japan 16.2
Korea 8.7
Luxembourg 22.1
Mexico 3.6
Netherlands 28.7
Norway 28.8
Poland 31.0
Portugal 16.5
Slovak Republic 19.3
Spain 19.2
Sweden 30.4
Switzerland 21.5
Turkey 30.0
United Kingdom 23.3
One-earner family with two children:
United States 11.3
Australia 14.7%
Austria 9.0
Belgium 21.6
Canada 15.1
Czech Republic 3.7
Denmark 30.5
Finland 23.2
France 14.2
Germany 18.6
Greece 17.0
Hungary 7.8
Ireland ?0.8
Italy 12.2
Japan 11.9
Korea 8.1
Luxembourg ?3.6
Mexico 3.6
Netherlands 17.2
Norway 17.9
Poland 25.0
Portugal 5.2
Slovak Republic 3.1
Spain 10.4
Sweden 21.0
Switzerland 8.6
Turkey 30.0
United Kingdom 10.8
