Wednesday, July 7, 2010

Does the U.S. Have the Highest Taxes in the World?

In my previous post, you can see that if one adds up the major categories of taxation, the U.S. is among the highest taxed countries in the world, although it is not the worst. BUT, I did not include inheritance taxes or property taxes. I believe once these are added, not to mention all the nuisance taxes we pay every day, we likely have the distinction of being the highest taxed nation in the world.

Who is John Galt, indeed.

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