Difference between revisions of "Tax Rates Reflect Well-Being"

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Revision as of 16:28, 22 October 2024

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Example: Mary, an American citizen, is single and lives in Bermuda. She earns a salary transfer pricing of $450,000. Part of Mary's income will be subject to U.S. tax at the 39.6% tax rate.

These figures seem to oblige the argument that countries with high tax rates take proper care of their habitants. Israel, however, includes a tax rate that peaks at 47%, very nearly equal compared to that of Belgium and Austria, yet few would contend that the in factor class for civil sending.

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