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2007-06-14 09:09:37 · 6 answers · asked by Anonymous in Business & Finance Taxes Other - Taxes

6 answers

The are less than some other countries.

2007-06-14 13:05:54 · answer #1 · answered by ? 6 · 0 0

Hardly. Of the major industrialized nations, the US has some of the lowest taxes in the world. I lived in Europe for over 10 years and taxes on the other side of the pond are as much as twice as high as US taxes taken as a whole.

Gasoline taxes in Europe are around $4.00 per gallon. That's just the TAX, by the way, so the pump price typically runs over $7.00 per gallon.

Sales taxes in Europe, called VAT or Value Added Tax, range from 15% to nearly 25% depending upon the country.

Income taxes are generally higher all across the wage scale and peak marginal rates run as high as 70% or even more.

You typically have to pay a tax just to put your car on the road. This ranges from about $250 - $500 per year in the UK alone.

Many European countries levy a tax on using a radio or TV. The UK levies a fee of about $270 per year at current exchange rates just for the privilege of watching TV in your home and has a fleet of "detector vans" that wander the countryside looking for scofflaws. (The penalty for not having one is as high as $2,000!)

For what we get in return for our tax dollars in the US, we really are getting a bargain compared to most of the rest of the world.

And if you think US Income Tax laws are convoluted and difficult to navigate, you should try a German Income Tax return. A simple return that would take less than an hour in the US might take 10 hours in Germany, assuming that you're fluent in German. A complex return can take weeks to prepare.

Having "been there, done that, seen that, paid that" (and been penalized for getting it wrong) I'm quite happy with the tax situation here in the good old US of A, thank you very much!

2007-06-15 13:25:27 · answer #2 · answered by Bostonian In MO 7 · 0 0

I'm sure its in the middle if you're looking outside the US. I'm sure its more costly in some countries. and less so in others.

2007-06-14 16:26:11 · answer #3 · answered by brk 4 · 1 0

Of course. There is a huge gap between the rich and poor. Everything is so expensive and the poor hardly makes enough to support.

2007-06-14 16:17:33 · answer #4 · answered by kattymckatty 3 · 0 4

It depends on where you live

2007-06-14 16:17:04 · answer #5 · answered by Anonymous · 0 0

compared to what?

2007-06-14 16:16:55 · answer #6 · answered by ronmarie 2 · 0 0

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