Quote:
Originally Posted by crazy boo
In the USA the max tax rate you pay is 35% and sales tax max 10% in some states. However nordic countries have the highest tax rates in the world.Like sweden has a tax max rate of 59% and an additional 25% on sales tax. That is ridiculous. Denmark the same high tax rates. Basically, high tax rates help this nations to have the so called free education/healthcare and leave you with little money in your hands to shop/enjoy.
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LOl what do you mean?
Thats a grossly inadequate representation of taxation effects on residents (here) in general . Rather thats a poor illustration of the schema of how things work here. This country's economic policies are not that simplistic taxation is just one of the many sources of education funding here.
I discovered that the average Kenyan here can't even intepret what their tax form really means, but they all agree and complain about is the tax being high, but don't really know the actual impact of those figures.