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Politics : Politics of Energy -- Ignore unavailable to you. Want to Upgrade?

To: Brumar89 who wrote (1303)	8/8/2008 1:28:37 PM
From: TimF	Respond to of 86355

The percent paid in taxes is high (at least from taxable earnings) It can be. In many cases taxable earnings represent very little of someone's income (for example substance farmers might not be taxed much or at all because they don't have much cash income). The tax rates on officially taxable income, can be high (but aren't always), but in addition to the poor having little cash income, the wealthy and connected know how to use loopholes, or just evade the tax partially or completely. A lot of times the tax isn't as much income tax, as high tariffs, or high fees, or being forced to pay bribes, or just having the government seize your property and either nationalize it or give it to people who have better connections with the government than you do. Or they effectively tax you by running the printing presses and inflating your money away. Because of these facts it can be hard to compare tax rates with a country like the US and a country like Zimbabwe or North Korea.