Sunday, April 11, 2010

US tax bite smaller than other nations' / The Christian Science Monitor - CSMonitor.com

US tax bite smaller than other nations' / The Christian Science Monitor - CSMonitor.com: "But wage and payroll taxes are just part of the picture. Add in sales taxes, capital gains taxes, property taxes, and corporate taxes, and the US sends 28 cents of every dollar of output to the government. That still matches Japan for the lowest ratio of tax revenue to gross domestic product (GDP) among the G-7 nations. France and Italy score highest."

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