Personal taxes now contribute a multi-year record 45.7% of total Federal government receipts.
Income tax rates around the world
Here are the income tax rates (in % including regional surcharges) for the maximum tiered income slab for each country in ascending order of tax rate,
Countries with the lowest personal income tax and sales tax/value added tax rates
Here are the countries with the lowest personal income tax rate (for the maximum tiered income slab) and a few with the highest, Continue reading “Countries with the lowest personal income tax and sales tax/value added tax rates”