A Glimpse Into Our Future

A BIT OF TAX FOOD FOR THOUGHT. THESE ARE THE CURRENT RATES IN EUROPEAN COUNTRIES…..WILL THE U.S. BE NEXT?

Denmark.. Income Tax: 58%...
VAT (Value Added Tax): 25% TOTAL: 83%

Sweden.. Income Tax: 55%...
VAT: 25% TOTAL: 80%

Norway.. Income Tax: 54.3%...
VAT: 25% TOTAL: 79.3%

Finland.. Income Tax: 53%...
VAT: 22% TOTAL: 75%

Netherlands.. Income Tax: 52%...
VAT: 19% TOTAL: 71%

United Kingdom .. Income Tax: 50%...
VAT: 17.5% TOTAL: 67.5%

Greece.. Income Tax: 40%...
VAT: 25% TOTAL: 65%

Portugal.. Income Tax: 42%...
VAT: 20% TOTAL: 62%

Spain.. Income Tax: 45%...
VAT: 16% TOTAL: 61%

France.. Income Tax: 40%...
VAT: 19.6% TOTAL: 59.6%

(And to these renderings for Cesar you can add the cost of licenses, fees, permits, fines, penalties, and assessments. Why bother to work if you have to pay it all to the bureaucracy?)



To read the rest of the story visit our virtual paper by clicking on this link!