America - The King of Taxation

Discussion in 'Politics' started by GHook93, Jul 9, 2009.

  1. GHook93
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    GHook93 Aristotle

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    First we have the largest Corporate Tax in the World! Liberals, please recognize this drives business overseas. Now they want to add an energy tax on us! Smart move:eusa_eh:!

    Do a quick Comparison to Israel, a tiny country that spends 16% of its GDP on defense and we should be outraged that we are being taxed so high!
    NOTE: This has to deal nothing with Israel-Arab/Palestine Issue, this is comparing US to Israeli taxes, in which Americans to show that Americans are being taxed to dealth!

    So Shogun if you want to talk about I/P problem go to a different thread, you have started millions of them!

    Tax on interest: US 50% - Israel 20%
    Capital Gains: US 50% - Israel 20%
    Rent Income Tax: US 50% - Israel 10%
    Inheritance Tax: US YES - Israel NO
    Gift Tax: US YES - Israel NO
    Corporate Tax: US 35% - Israel 26%
    Income Tax: US 0-35% (Fed), - 0-10.5% (state)= 0-45.5% total - Israel 10-46%
    Sales Tax: US 0-12% (in IL it gets up to 12% and Obama is talking about a federal sales tax) - Israel 8%
    Payroll tax: US 15% - Israel 0%
    Universial Health Care: US NO - Israel YES

    The Israeli tax myth - Israel Opinion, Ynetnews
    How can we be taxed more than them? Canada also beats us!
    Tax on interest: US 50% - Canada 50%
    Capital Gains: US 50% - Canada 50%
    Inheritance Tax: US YES on beneficiary- Canada Yes but only to the estate!
    Gift Tax: US YES - Canada NO
    Corporate Tax: US 35% - Canada 29%
    Income Tax: US 0-35% (Fed), - 0-10.5% (state)= 0-45.5% total - Canada 29%
    Sales Tax: US 0-12% (in IL it gets up to 12% and Obama is talking about a federal sales tax) - Canada 5-12%
    Payroll tax: US 15% - Canada 4.95%
    Universial Health Care: US NO - Canada YES

    Compare Property taxes, gas taxes, now the energy tax and we are getting killed!
    Personal note on property taxes. My parents have a $500K home in IL they $11,000 a year in taxes on it. They also have a summer home worth $300K in Puerta Verta, Mexico and they pay $125 per year on it!

    Americans are getting killed at all ends!
     
    Last edited: Jul 9, 2009
  2. KMAN
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    KMAN Senior Member

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    This is too difficult for liberals to understand... and these are the self proclaimed (smartest people in the world)... LOL
     
  3. Toro
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    Toro Diamond Member

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  4. Oddball
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    Oddball BANNED Supporting Member

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  5. Toro
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    Toro Diamond Member

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    The graph is of all taxes paid at all levels of government.

    The data comes from the OECD.
     
    Last edited: Jul 9, 2009
  6. Oddball
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  7. Modbert
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    Modbert Daydream Believer Supporting Member

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    Toro just wrecked all other posts before him. :lol:

    Btw KMAN, Ronald Reagan raised taxes many many times in office. FOUR times between 1982-1984 ALONE!

    Can't forget how workers on the federal payroll ROSE 61,000 under Reagan but FELL 373,000 under Clinton.

    How about the 1983 Gasoline tax? Or the closing tax loopholes for businesses which ended up being $50 billion over three years.

    So KMAN, I guess Reagan is a Liberal huh? :lol: :lol: :lol:
     
    Last edited: Jul 9, 2009
  8. Toro
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    Toro Diamond Member

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    Well, that makes sense. 33% of economic production goes towards paying taxes. April is 33% of the way through the year.
     
  9. Oddball
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    Oddball BANNED Supporting Member

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    O.K....Now add in the costs of compliance.
     
  10. Toro
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    Toro Diamond Member

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    I have no idea.

    However, that is a legal problem. America is a very litigious nation which is deeply embedded within society. Americans spend far too much time and money debating and adjudicating laws and rules.
     

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