From: glevy@PRATT.EDU
Date: Sat Nov 19 2005 - 16:17:19 EST
---------------------------- Original Message -------------------------
Subject: Distribution of that tax burden
From: "Jurriaan Bendien" <adsl675281@tiscali.nl>
Date: Sat, November 19, 2005 1:58 pm
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At www.nationmaster.com they have some interesting data on the distribution
of the total tax burden for different countries.
The categories are corporate income tax (Corp.), goods and services tax
(GST), personal income tax, property tax, social security levies paid by
employers (SS1), social security levies paid by employees (SS2). The
percentages do not add to 100% because I've left out workforce payroll
tax. The data source is OECD and the reference year 2001.
Distribution of the total tax burden
Corp. | GST | Pers. income | Property | SS 1 | SS 2 |
Germany 4.8% 28.1% 25.3% 2.3% 19.2% 17.2%
UK 9.8% 32.3% 29.2% 11.9% 9.4% 6.7%
USA 8.5% 15.7% 42.4% 10.1% 11.9% 10.2%
Japan 13.5% 18.9% 20.6% 10.3% 18.6% 14.2%
France 7% 25.8% 18% 6.8% 24.9% 8.9%
Italy 7.5% 26.4% 25.% 4.3% 19.8% 5.4%
Australia 20.6% 27.5% 36.7% 8.9% ? ?
NZ 11.7% 34.5% 42.8% 5.4% ? ?
As you can see, there are very significant differences here. Australia
rankshighest and Germany ranks lowest in terms of the corporate income tax
share in total tax (you also can get country rankings for each category of
taxation). Of course, although corporations pay comparatively little tax
on their income, personal income tax and social security tax as a well as
goods & services tax are still among their costs.
Jurriaan
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