Replies

To: Racehorse

Top marginal rates for personal-income taxes, 2011

Belgium: 50%
U.K.: 50%
Germany: 45%
France: 41%
U.S.: 35%

Note: U.K. rate will be cut to 45% next year. Source OECD

3 posted on 09/09/2012 9:45:37 PM PDT by Racehorse

To: Racehorse

Doesn’t tell the full story though. Often countries with high marginal rates have so many different deductions your head would spin.

6 posted on 09/09/2012 10:00:35 PM PDT by Arthurio

To: Racehorse

Which of those socialist countries taxes worldwide income?

Which of those socialist countries has an exit tax on wealth?

9 posted on 09/10/2012 3:45:02 AM PDT by 1010RD (First, Do No Harm)

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794