"If you owe the bank $100 that's your problem. If you owe the bank $100 million, that's the bank's problem." JP Getty

Developed Nations’ Tax Rate Comparison

Interesting data from the Organization for Economic Cooperation and Development as posted in the New York Times:

What’s even more interesting is the percentage-point change. Canadian, German, Dutch and British tax rates have basically remained the same since 1975. Seems to me there must be a relation to the stability of the economy somehow.

I’m not sure how “Tax revenue as a percentage of G.D.P.” translates into actual average tax rate, though. If Canada’s tax revenue is 33.4% of G.D.P. – is this percentage the average tax rate Canadian households pay?

Sources:

http://www.oecd.org/document/16/0,3343,en_2649_201185_39495248_1_1_1_1,00.html

http://www.oecd.org/document/16/0,3343,en_2649_201185_39495248_1_1_1_1,00.html

 


Related Articles

  • No Related Post

 


No feedback yet.

Have an opinion? Leave a comment: