Re:Show HN: Calculator for US individual income tax, from 19...
by ameister14 on Thursday June 30, 2022 @10:27AM
(#31932745)
Agreed. US also doesn't have VAT, though, which makes a fair bit of difference. State sales taxes vary but the highest is less than half the British VAT. Individual Income taxes are what, 25-30% of total tax revenue in the UK? I know OECD average is 25%. It's about 42% in the US.
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