holy fuck, 21%?! but like someone already mentioned, your income/land/whatever taxes are probably relatively low
Yeah, I would rather pay a high sales tax and lower taxes in other areas. I think its the most fair form of tax, whereas when I look at my paystub every week I feel like I've just been raped by the gubbament. I don't really know if Europeans pay lower taxes in other areas though. my sister's ex boyfriend was from Germany and he said he paid 40% income taxes on top of a high sales tax when he lived in Germany.
DUBAI- UAE ZERO TAX. Sales Tax/Income Tax/ VAT- Nothing. The only tax is Customs Duty- mostly 5%, when business houses import.
40% is almost where it tops out in Germany so he would have to be a good earner. It appears you pay more than half of your income to the state if you are finnish or swedish. http://en.wikipedia.org/wiki/Tax_rates_of_Europe
Many oil-rich nations offer have very low taxes, helps to keep the people people happier so they don't start to demand a bigger share of the oil profits. (I'm actually working on a paper right now about the relationship between authoritarianism and high levels of energy resources).
I think that it would be much more efficient to only be taxed on either income or consumption/purchases. Seems stupid to have a whole bureaucracy set up for each tax. I'd rather pay a higher income tax rate and then not have to pay sales tax at all. It would also be simpler for businesses because they wouldn't have to do all of the paper work for tax remittance and all of that fun stuff (or have a high sales tax and lower income tax, either way it would save some paper work for somebody).
Connecticut's general sales tax is 6.35%. We have a bottle law. We also have one of the highest gas taxes in the United States. I know New Hampshire doesn't have a sales tax. HOWEVER...if you go to any fast food restaurant, you will have tax on your meal.
How much do you pay for gas? Lately it has been around $1.45/ litre here, which works out to about $5.50/gallon (which is currently approximately $5/gallon in US dollars).
yeah it seems really fucked that they tax your money before you get it, and then they tax it again when you spend it. get a job you damn bum
That's the thing. In court there's such a thing as double jeopardy and all. You'd think they wouldn't be able to double tax your money just like you said, out of check and then sales tax, property taxes, etc.
And I bet like everyone else within 75 miles you pay us a weekly visit to stock up on supplies :2thumbsup: Hotwater
I filled up yesterday at $1.35/litre. When I first started driving about 10 years ago, gas was around $0.80/litre and had just recently risen from about $0.60/litre. Crazy.
Gas was 42.9 cents a gallon or roughly 11 cents a liter when I started driving in 1970. Anyways, 6% sales tax in Michigan.