What Countries Get For Their High Taxes

AAA

The overall tax burden for all the OECD countries since 2000 has hovered in the range of 35-36%. In comparison, the latest complete data for 2008 reveals a tax to GDP ratio of 48.3% for Denmark and 47.1% for Sweden. Are there advantages to having the highest taxes in the world? Let's take a look at what the citizens in these countries get for their money.

Related Articles
  1. Retirement

    America's Most Expensive Retirement States

    Six places that aren't great for the Golden Years (financially speaking).
  2. Managing Wealth

    The Top 10 European Tax Havens

    While the popular stereotype of a tax haven is a Caribbean island, these countries in Europe serve as attractive places for foreign individuals and companies to store funds.
  3. Retirement

    The Least Expensive States to Retire In

    Retirement time, and the livin' is easy in these locales.
  4. Markets

    3 Ways Tax Haven Governments Make Money

    If the governments of tax haven countries impose little, or no, income taxes, how exactly do these nations generate revenue?
  5. Retirement

    10 Best Countries for New Retirees

    Natixis Global Asset Management recently released its 2015 Global Retirement Index, and you may or may not be surprised that the U.S. barely cracked the top 20 at number 19. Of the top 10, eight ...
  6. Personal Finance

    Paying Uncle Sam: From Tobacco To $1 Trillion

    The services we rely on, like education, law and security, were built on taxes.
  7. Personal Finance

    5 Most Taxing Taxes for Americans

    There’s not much that unites Americans like their hatred of taxes. Here's a list of taxes we dislike the most.
  8. Personal Finance

    The Most Controversial Tax Deductions

    When it comes to taxes, it's hard to make people happy but these deductions raised more than the average amount of controversy.
  9. Personal Finance

    Countries With The Highest & Lowest Corporate Tax Rates (AAPL, IBM)

    The United States is No. 2 in the world for its high corporate tax rate. There are ways around paying it, and many nations with lower rates are worse off.
  10. Personal Finance

    Understanding Taxes

    Taxes are mandatory fees that individuals and corporations must pay to their governments.
Trading Center