Food Prices & Crazy Taxes~covid Shutdowns~we Started To Get Less But Pay More~susan Lynne Schwenger

Highest Taxed Countries 2023
MAP OPTIONS
Highest Taxed Countries 2023 (worldpopulationreview.com)
https://worldpopulationreview.com/country-rankings/highest-taxed-countries

​

As the old adage goes, only two things in life are certain: death and taxes. Taxes can be a financial burden, but paying taxes is important for several reasons. Taxes are used to fund all manner of publicly-funded services including the military, public education, infrastructure such as roads and parks, police and fire departments, and public retirement and health programs such as Social Security and Medicare in the United States. Simply put, taxes provide the funds that a country needs to survive.
No two national tax systems are alike

Taxes come in many forms, including sales tax, income tax, property tax, inheritance and estate taxes, excise tax, and more. Plus, tax rates and regulations vary greatly from country to country, and even within different parts of the same country. For example, most U.S. states charge some form of income tax, but an individual state's income tax rate may be anywhere from 1% to 13.3%. Moreover, seven states (Alaska, Florida, Nevada, South Dakota, Texas, Washington, and Wyoming) do not collect any state income tax at all, and two more (New Hampshire and Tennessee) tax interest and dividend income, but not wages or salaries.

Similarly, most U.S. states charge a state sales tax, but some do not. However, states without a sales tax or an income tax may add or raise other taxes to make up for the deficit, such as implementing higher property tax rates. Finally, most governments that levy taxes charge different percentages based upon the amount of income or type of goods being taxed. For example, a person who makes $40k a year may pay 12% in income taxes while their next-door neighbor, who makes $200k, pays 25% or more. Similarly, sales of basic needs such as groceries are typically taxed at a much lower rate than sales of luxury items such as tobacco products or a new car. For this article, we’ll compare three main types of taxes: personal income tax, corporate tax, and sales tax.
Top 10 Countries with the Highest Personal Income Tax Rates - Trading Economics 2021:

1. Ivory Coast - 60%
2. Finland - 56.95%
3. Japan - 55.97%
4. Denmark - 55.90%
5. Austria - 55.00%
6. Sweden - 52.90%
7. Aruba - 52.00%
8. Belgium - 50.00% (tie)
9. Israel - 50.00% (tie)
10. Slovenia - 50.00% (tie)

Top 11 Countries with the Highest Corporate Taxes - Trading Economics 2021:

1. Puerto Rico - 37.5%
2. Suriname - 36.0%
3. Chad - 35.0% (tie)
4. Equatorial Guinea - 35.0% (tie)
5. Guinea - 35.0% (tie)
6. Iraq - 35.0% (tie)
7. Malta - 35.0% (tie)
8. Sudan - 35.0% (tie)
9. Zambia - 35.0% (tie)
10. Brazil - 34.0% (tie)
11. Venezuela - 34.0% (tie)

Barbados (5.5%), Uzbekistan (7.5%), Hungary (9.0%) and Montenegro (9.0%) have very low corporate rates—however, several countries, such as Vanuatu, Bermuda, and Bahrain have no corporate tax at all.
Top 11 Countries with the Highest Sales Taxes - Trading Economics 2021:

1. Bhutan - 50%
2. Hungary - 27%
3. Croatia - 25% (tie)
4. Denmark - 25% (tie)
5. Norway - 25% (tie)
6. Sweden - 25% (tie)
7. Finland - 24% (tie)
8. Greece - 24% (tie)
9. Iceland - 23% (tie)
10. Poland - 23% (tie)
11. Portugal - 23% (tie)

Finally, let’s look at sales tax rates. The highest rates are found in Bhutan, with rates up to 50%. Next is Hungary, which has a standard rate of 27%. In third place is a logjam of Croatia, Denmark, Norway, and Sweden, all with standard rates of 25%.
Tax Havens

Countries that offer very low tax rates for foreign investors are called tax havens. Tax havens generate government revenue by attracting a generous amount of capital inflow and imposing fees, charges, and low tax rates. The world's top ten tax havens are Luxembourg, Cayman Islands, Isle of Man, Jersey, Ireland, Mauritius, Bermuda, Monaco, Switzerland, and the Bahamas.

​

Highest Taxed Countries 2023
Income Tax Sales Tax Corporate Tax
Ivory Coast
Finland
Japan
Austria
Denmark
Sweden
Aruba
Belgium
Israel
Slovenia
Netherlands
Portugal
Ireland
Spain
Iceland
China
Germany
United Kingdom
France
South Africa
South Korea
Australia
Luxembourg
Greece
Italy
India
Papua
New Guinea
Turkey
Uganda
Taiwan
Chile
Senegal
Zimbabwe
Guinea
Switzerland
Republic of the Congo
Mauritania
Colombia
New Zealand
Morocco
Norway
Suriname
United States
Zambia
Namibia
Uruguay
Pakistan
Mexico
Ethiopia
Philippines
Vietnam
Thailand

​

CSV JSON

Country	Income Tax	Sales Tax	Corporate Tax
Ivory Coast	60%	18%	25%
Finland	56%	24%	20%
Japan	55%	10%	30%
Austria	55%	20%	25%
Denmark	55%	25%	22%
Sweden	52%	25%	20%
Aruba	52%	3%	25%
Belgium	50%	21%	25%
Israel	50%	17%	23%
Slovenia	50%	22%	19%
Netherlands	49%	21%	25%
Portugal	48%	23%	21%
Ireland	48%	23%	12%
Spain	47%	21%	25%
Iceland	46%	24%	20%
China	45%	13%	25%
Germany	45%	19%	30%
United Kingdom	45%	20%	19%
France	45%	20%	26%
South Africa	45%	15%	28%
South Korea	45%	10%	25%
Australia	45%	10%	30%
Luxembourg	45%	17%	24%
Greece	44%	24%	24%
Italy	43%	22%	24%
India	42%	18%	25%
Papua New Guinea	42%	10%	30%
Turkey	40%	18%	25%
Uganda	40%	18%	30%
Taiwan	40%	5%	20%
Chile	40%	19%	27%
Senegal	40%	18%	30%
Zimbabwe	40%	14%	24%
Guinea	40%	14%	35%
Switzerland	40%	7%	14%
Republic Of The Congo	40%	18%	28%
Mauritania	40%	16%	25%
Colombia	39%	19%	31%
New Zealand	39%	15%	28%
Morocco	38%	20%	31%
Norway	38%	25%	22%
Suriname	38%	10%	36%
United States	37%	0%	21%
Zambia	37%	16%	35%
Namibia	37%	15%	32%
Uruguay	36%	22%	25%
Pakistan	35%	17%	29%
Mexico	35%	16%	30%
Ethiopia	35%	15%	30%
Philippines	35%	12%	30%
Vietnam	35%	10%	20%
Thailand	35%	7%	20%
Argentina	35%	21%	25%
Algeria	35%	19%	26%
Cameroon	35%	19%	33%
Ecuador	35%	12%	25%
Tunisia	35%	19%	15%
Gabon	35%	18%	30%
Equatorial Guinea	35%	15%	35%
Cyprus	35%	19%	12%
Malta	35%	18%	35%
Venezuela	34%	16%	34%
Canada	33%	5%	26%
Puerto Rico	33%	0%	37%
Poland	32%	23%	19%
Mozambique	32%	17%	32%
Latvia	31%	21%	20%
Indonesia	30%	10%	22%
Tanzania	30%	18%	30%
Kenya	30%	16%	30%
Peru	30%	18%	29%
Malaysia	30%	10%	24%
Ghana	30%	13%	25%
Malawi	30%	16%	30%
Chad	30%	18%	35%
Rwanda	30%	18%	30%
Jordan	30%	16%	20%
Nicaragua	30%	15%	30%
El Salvador	30%	13%	30%
Croatia	30%	25%	18%
Jamaica	30%	15%	25%
Gambia	30%	15%	27%
Lesotho	30%	15%	25%
Barbados	28%	17%	5%
Brazil	27%	17%	34%
Samoa	27%	15%	27%
Bangladesh	25%	15%	32%
Egypt	25%	14%	22%
Myanmar	25%	5%	25%
Angola	25%	14%	25%
Dominican Republic	25%	18%	28%
Honduras	25%	15%	25%
Azerbaijan	25%	18%	20%
Laos	25%	10%	20%
Slovakia	25%	20%	21%
Lebanon	25%	11%	17%
Costa Rica	25%	9%	30%
Panama	25%	7%	25%
Botswana	25%	12%	22%
Trinidad And Tobago	25%	12%	30%
Nigeria	24%	7%	30%
Sri Lanka	24%	8%	24%
Czech Republic	23%	21%	19%
Albania	23%	20%	15%
Syria	22%	0%	28%
Singapore	22%	7%	17%
Armenia	22%	20%	18%
Liechtenstein	22%	7%	12%
Afghanistan	20%	10%	20%
Madagascar	20%	20%	20%
Cambodia	20%	10%	20%
Georgia	20%	18%	15%
Lithuania	20%	21%	15%
Estonia	20%	20%	20%
Fiji	20%	9%	20%
Isle Of Man	20%	20%	0%
Ukraine	18%	20%	18%
Sudan	15%	17%	35%
Iraq	15%	0%	35%
Yemen	15%	5%	20%
Hungary	15%	27%	9%
Sierra Leone	15%	15%	30%
Hong Kong	15%	0%	16%
Mauritius	15%	15%	15%
Seychelles	15%	15%	33%
Russia	13%	20%	20%
Bolivia	13%	13%	25%
Tajikistan	13%	18%	0%
Belarus	13%	20%	18%
Uzbekistan	12%	15%	7%
Moldova	12%	20%	12%
Macau	12%	0%	12%
Romania	10%	19%	16%
Kazakhstan	10%	12%	20%
Serbia	10%	20%	15%
Libya	10%	0%	20%
Bulgaria	10%	20%	10%
Mongolia	10%	10%	25%
Bosnia And Herzegovina	10%	17%	10%
Montenegro	9%	21%	9%
Guatemala	7%	12%	25%
Saudi Arabia	0%	15%	20%
United Arab Emirates	0%	5%	0%
Oman	0%	5%	15%
Kuwait	0%	0%	15%
Qatar	0%	0%	10%
Bahrain	0%	5%	0%
Brunei	0%	0%	18%
Bahamas	0%	12%	0%
Cayman Islands	0%	0%	0%
Bermuda	0%	0%	0%

Highest Taxed Countries 2023

1. List of Countries by Corporate Tax Rate - Trading Economics
2. List of Countries by Personal Income Tax Rate - Trading Economics
3. List of Countries by Sales Tax Rate - Trading Economics
4. Corporate Tax Rates Around the World - Tax Foundation
5. Individual Income Tax Rates Table - KPMG
6. Corporate Tax Rates Table - KPMG
7. Countries With the Highest Single and Family Income Tax Rates - Investopedia
8. Countries by Tax Rates - Wiki

Sources
https://worldpopulationreview.com/country-rankings/highest-taxed-countries
© 2023 World Population Review

 

Who died before they could draw their Social Security?
KEEP PASSING THIS AROUND UNTIL EVERY ONE HAS HAD THE OPPORTUNITY TO READ IT... THIS IS SURE SOMETHING TO THINK ABOUT!!!! THE ONLY THING WRONG WITH THE GOVERNMENT'S CALCULATION OF AVAILABLE SOCIAL SECURITY IS THEY FORGOT TO FIGURE IN THE PEOPLE WHO DIED BEFORE THEY EVER COLLECTED A SOCIAL SECURITY CHECK!!! WHERE DID THAT MONEY GO?
Remember, not only did you and I contribute to Social Security, but your employer did, too. It totals 15% of your income before taxes. If you averaged only $30K over your working life, that's close to $220,500. Read that again!
Did you see where the Government paid in one single penny?
We are talking about the money you and your employer put in a Government bank to insure you and I that we would have a retirement check from the money we put in, not the Government. Now they are calling the money we put in an ENTITLEMENT when we reach the age to take it back.
If you calculate the future invested value of $4,500 per year (yours & your employer's contribution) at a simple 5% interest (less than what the Government pays on the money that it borrows), after 49 years of working you'd have $892,919.98. If you took out only 3% per year, you'd receive $26,787.60 per year and it would last better than 30 years (until you're 95 if you retire at age 65) and that's with no interest paid on that final amount on deposit! If you bought an annuity and it paid 4% per year, you'd have a lifetime income of $2,976.40 per month. If you have a deceased spouses who died in their 50's -- their S.S. money will never have one cent drawn from what they paid into S.S. all their lives over the past 30 years!
THE FOLKS IN WASHINGTON HAVE PULLED OFF A BIGGER PONZI SCHEME THAN BERNIE MADOFF EVER DID.
Entitlement my foot, I paid cash for my social security insurance! Just because they borrowed the money for other government spending, doesn't make my benefits some kind of charity or handout!!
Remember Congressional benefits? --- free healthcare, outrageous retirement packages, 67 paid holidays, three weeks paid vacation, unlimited paid sick days.
Now that's welfare!!! And they have the nerve to call my social security retirement payments entitlements?!?
We're "broke" and we can't help our own Seniors, Veterans, Orphans, or Homeless.
Yet in the last few months we have provided aid to Haiti, Chile and Turkey. And now Pakistan......home of bin Laden. Literally, BILLIONS... if not TRILLIONS of DOLLARS are unaccounted for!!!
They call Social Security and Medicare an entitlement even though most of us have been paying for it all our working lives, and now, when it's time for us to collect, the government is running out of money. Why did the government borrow from it in the first place? It was supposed to be in a locked box, not part of the general fund.
Sad isn't it? 99% of people won't have the guts to forward this. I'm in the 1% -- I just did.



Who died before they could draw their Social Security?
KEEP PASSING THIS AROUND UNTIL EVERY ONE HAS HAD THE OPPORTUNITY TO READ IT... THIS IS SURE SOMETHING TO THINK ABOUT!!!! THE ONLY THING WRONG WITH THE GOVERNMENT'S CALCULATION OF AVAILABLE SOCIAL SECURITY IS THEY FORGOT TO FIGURE IN THE PEOPLE WHO DIED BEFORE THEY EVER COLLECTED A SOCIAL SECURITY CHECK!!! WHERE DID THAT MONEY GO?
Remember, not only did you and I contribute to Social Security, but your employer did, too. It totals 15% of your income before taxes. If you averaged only $30K over your working life, that's close to $220,500. Read that again!
Did you see where the Government paid in one single penny?
We are talking about the money you and your employer put in a Government bank to insure you and I that we would have a retirement check from the money we put in, not the Government. Now they are calling the money we put in an ENTITLEMENT when we reach the age to take it back.
If you calculate the future invested value of $4,500 per year (yours & your employer's contribution) at a simple 5% interest (less than what the Government pays on the money that it borrows), after 49 years of working you'd have $892,919.98. If you took out only 3% per year, you'd receive $26,787.60 per year and it would last better than 30 years (until you're 95 if you retire at age 65) and that's with no interest paid on that final amount on deposit! If you bought an annuity and it paid 4% per year, you'd have a lifetime income of $2,976.40 per month. If you have a deceased spouses who died in their 50's -- their S.S. money will never have one cent drawn from what they paid into S.S. all their lives over the past 30 years!
THE FOLKS IN WASHINGTON HAVE PULLED OFF A BIGGER PONZI SCHEME THAN BERNIE MADOFF EVER DID.
Entitlement my foot, I paid cash for my social security insurance! Just because they borrowed the money for other government spending, doesn't make my benefits some kind of charity or handout!!
Remember Congressional benefits? --- free healthcare, outrageous retirement packages, 67 paid holidays, three weeks paid vacation, unlimited paid sick days.
Now that's welfare!!! And they have the nerve to call my social security retirement payments entitlements?!?
We're "broke" and we can't help our own Seniors, Veterans, Orphans, or Homeless.
Yet in the last few months we have provided aid to Haiti, Chile and Turkey. And now Pakistan......home of bin Laden. Literally, BILLIONS... if not TRILLIONS of DOLLARS are unaccounted for!!!
They call Social Security and Medicare an entitlement even though most of us have been paying for it all our working lives, and now, when it's time for us to collect, the government is running out of money. Why did the government borrow from it in the first place? It was supposed to be in a locked box, not part of the general fund.
Sad isn't it? 99% of people won't have the guts to forward this. I'm in the 1% -- I just did.

 

Peter MacKay
March 25, 2020
No tax under $30k.
It doesn’t take a math whiz to know this is a good idea.

 

2 tier tax system, tax on a tax
2 types of tax
carbon tax + HST -TAX
$66.03 FOR THE CROOKS ON $327.15 OF GAS ?
total bill is $387.48 of which
6603/387.48=17.04% TAXES of 66.03 #insanity

2 tier tax system, tax on a tax
2 types of tax
carbon tax + HST -TAX
$66.03 FOR THE CROOKS ON $327.15 OF GAS ?
total bill is $387.48 of which
6603/387.48=17.04% TAXES of 66.03 #insanity

 

Are #we all being #HOODWiNKED ???
#grocery #prices way up ???
SO, are #ceo salaries !!!
Loblaws paid Galen Weston $8.4M last year,
up from $5.4M in 2021
https://www.msn.com/en-ca/money/top...p&cvid=05679d1b0f314173aae2c05d053bf2cd&ei=38

 

Robert E. Day