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Politics : Formerly About Advanced Micro Devices

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To: SilentZ who wrote (200208)9/4/2004 12:40:26 PM
From: i-node  Read Replies (1) of 1573683
 
Remember, at this point, we're paying something like the second-lowest overall rate in taxes of any industrialized country.

As someone who knows a little about taxation, I can say that this is an impossible statement to either support or refute.

What is an "overall rate of tax"? Individual taxes? Do you count sales taxes we pay on every nickel we spend? State income taxes? Property taxes? What about corporate taxes (since economically, corporations don't pay taxes, there merely pass them on to their customers)? Many countries have VATs which totally make their systems incomparable to ours. Bottom line: Your statement is totally unsupportable and frankly, impossible to make any sense out of.

Assuming, arguendo, that you do want to make the argument based on individual tax rates, try these:

USA 0-35%
Canada 31%
Czech Republic 15-32%
France 10-54%
Egypt 20%
Finland 12-35%
Ireland 20-42%
Italy 23-45%
Japan 10-37%

Clearly, your statement can't account for differences in tax structure (for example, deductions or rate graduations). However, in looking at raw tax rates, there is obviously a significant number of countries with rates on either side of ours.
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