1. The richest 1% of taxpayers paid 40% of the total income taxes in 2006.
2. We know that the largest percentage in the top 1% are new rich because of income mobility data.
3. Denmark : 38-59% The USA's minimum is 23% percentage points lower then Denmark's and 24% points below Denmark's maximum
Belgium: 25-50% The USA's minimum is 10% points lower then Denmark's, and 12% points below Belgium's maximum.
VAT means Value Added Tax.
Monday, December 8, 2008
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