"The greatest wealth is to live content with little." Plato

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

 


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