Trump and Republicans are offering you more “Trickled Down Economics, AKA “Reganomics.”Give more to the top 2% and it will trickle down to the Working Class American and the Vulnerable!

Countries with the highest taxes in the world from “One through Ten” are; Aruba, Sweden, Denmark, Netherlands, Belgium, Austria, Japan, United Kingdom, Finland and Ireland.

1. Aruba

With its 58.95% income tax rate, Aruba, a constituent member of the Kingdom of the Netherlands, currently has the world’s highest. Additionally, its citizens earn the highest income of all places in the Caribbean.

2. Sweden

Sweden has the second highest income tax rate in the world, and the highest in Europe, with a 56.6% deducted from annual income. Though Swedes may be taxed heavily, sales on residential properties are exempted from taxation there.

3. Denmark

Its small population may be a reason for the Danes’ government to impose a total tax rate equivalent to 55.38% of per capita income in order to meet for the needs of its people. Many see this as a justification to its high tax rates, which also allows for increased social program accessibility for the Danish people. Maybe this is part of why the Danish are viewed as some the happiest people in the world.

4. Netherlands

Globally known for its major shipping ports and a productive floriculture sector, Netherlands stands in the fourth position with a total tax rate of 52% on per capita income.

5. Belgium

With a population of over 12 million people, this diverse country is where the European Union calls home, and has a 50% total tax rate on income.

6. Austria

A German-speaking country with a population estimated at over 8 million people, Austria ranks as one of the most taxed countries in Europe. If you are earn a salary of more than $74,442 USD in Austria, then you can expect to have your paycheck docked by 50%.

7. Japan

With its capital being home to more millionaires than any other city on the globe, Japan is another high-ranking country on our list, with a tax rate of 50% on income. The country boasts a median income of about $27,000, and the supremacy of Japanese corporations among Asian in producing a variety of sophisticated technology and automobiles means there is plenty of income for the government to tax.

8. United Kingdom

The British tax rate is at 50% for those earning incomes in excess of $234,484. This European country favors citizens earning less than $14,000, as they are exempted from tax. Unfortunately for the rich, they are not given any pity by the state.

9. Finland

With a median income of $31,000, this country has become world-renowned for making marked improvements in its educational infrastructure, and pays its teachers more than almost anywhere else in the world. It has a tax rate of $49.2% on income of over $87,222.

10. Ireland

Though major corporations such as Google and Apple are taking advantage of the relatively low 12.5% income tax rate on corporations, Irish citizens are not quite as lucky. They are met with a tax rate of 48% on incomes over $40,696.

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This entry was posted on October 19, 2017 at 1:59 am and is filed under United States with tags Donald Trump Lying, Give To The Rich, Mitch McConnell Liar Crook, Paul Ryan Liar Crook, Reganomics, Republicans Lying, Taxes, Trickle To The Poor, Trickled Down Economics, Trump Dumb As A Nail, Trump Liar Con Man Corrupt, USA Is Not The Highest Tax Nation. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.