[SeekAndFind]

Here's another perspective.

OECD Corporate Tax Rates - Federal Plus Provincial/State, 2007 and 2008

Rank	Country	Corporate Income Tax Rate 2008	Corporate Income Tax Rate 2007	Change from 2007 to 2008
1	Japan	39.54	39.54	0.0
2	United States	39.25	39.26	0.0
3	France	34.43	34.43	0.0
4	Belgium	33.99	33.99	0.0
5	Canada	33.50	36.12	-2.6
6	Luxembourg	30.38	30.38	0.0
7	Germany	30.18	38.9	-8.7
8	Australia	30.00	30.0	0.0
9	New Zealand	30.00	33.0	-3.0
10	Spain	30.00	32.5	-2.5
11	Mexico	28.00	28.0	0.0
12	Norway	28.00	28.0	0.0
13	Sweden	28.00	28.0	0.0
14	United Kingdom	28.00	30.0	-2.0
15	Italy	27.50	33.0	-5.5
16	Korea	27.50	27.5	0.0
17	Portugal	26.50	26.5	0.0
18	Finland	26.00	26.0	0.0
19	Netherlands	25.50	25.5	0.0
20	Austria	25.00	25.0	0.0
21	Denmark	25.00	25.0	0.0
22	Greece	25.00	25.0	0.0
23	Switzerland	21.17	21.32	-0.1
24	Czech Republic	21.00	24.0	-3.0
25	Hungary	20.00	20.0	0.0
26	Turkey	20.00	20.0	0.0
27	Poland	19.00	19.0	0.0
28	Slovak Republic	19.00	19.0	0.0
29	Iceland	15.00	18.0	-3.0
30	Ireland	12.50	12.5	0.0
	OECD Average	26.6	27.6	-1.0

[businessprofessor]

The article does not mention the manner of computing effective tax rates. I suspect that the effective tax rate combines taxes on different kinds of income. I also suspect that payroll taxes are ignored. Medicare payroll taxes (unlimited) should be considered in the effective tax rate. The Medicare tax rate increases to 3.9 percent for high income individuals so the top marginal rate is 38.9 percent, not 35 percent. In addition, the Medicare payroll tax will apply to unearned income for high income individuals so the marginal tax rate on unearned income has increased to 18.9 percent from 15 percent.

[warchild9]

This argument ignores the fact that most of the “rich” have no income. Their lawyers and accountants insure this.

I know several people with incomes pushing towards, or past, seven digits, and they’re laughing at all the arguments about taxes. They pay very little and are living fat.

The Middle Class pays almost all taxes. Historically, this is the way it’s always been, and probably will be since they seem incapable of recognizing reality.

Slowly boiling pot...meet frog.

[Osage Orange]

$300k a year ain’t rich

[aflaak]

ping