Taxes by Country (a.k.a. I'm Getting Sick of the US)

I'd like to hear from some people from other countries. Here in the US, we pay federal income tax, state income tax, sales tax, and taxes on everything we do after paying those. Here is a partial list of the additional taxes we pay:

Accounts Receivable Tax
Building Permit Tax
Capital Gains Tax
CDL license Tax
Cigarette Tax
Corporate Income Tax
Court Fines (indirect taxes)
Dog License Tax
Federal Income Tax
Federal Unemployment Tax (FUTA)
Fishing License Tax
Food License Tax
Fuel permit tax
Gasoline Tax (42 cents per gallon)
Hunting License Tax
Inheritance Tax Interest expense (tax on the money)
Inventory tax IRS Interest Charges (tax on top of tax)
IRS Penalties (tax on top of tax)
Liquor Tax
Local Income Tax
Luxury Taxes
Marriage License Tax
Medicare Tax
Property Tax
Real Estate Tax
Septic Permit Tax
Service Charge Taxes
Social Security Tax
Road Usage Taxes (Truckers)
Sales Taxes
Recreational Vehicle Tax
Road Toll Booth Taxes
School Tax
State Income Tax
State Unemployment Tax (SUTA)
Telephone federal excise tax
Telephone federal universal service fee tax
Telephone federal, state and local surcharge taxes
Telephone minimum usage surcharge tax
Telephone recurring and non-recurring charges tax
Telephone state and local tax
Telephone usage charge tax
Toll Bridge Taxes
Toll Tunnel Taxes
Traffic Fines (indirect taxation)
Trailer registration tax
Utility Taxes
Vehicle License Registration Tax
Vehicle Sales Tax
Watercraft registration Tax
Well Permit Tax
Workers Compensation Tax


So, while we like to believe places like Canada, and many countries in the Eurozone take a a considerable amount of your income in taxes, I think we may balance out; and if that is the case, there are several other places I'd rather spend the rest of my years. So please let us know how how we really compare.

VANCOUVER, BC, Apr. 27, 2012/ Troy Media/ – Say the word “tax” and most Canadians roll their eyes in dismay. But with the deadline for filing our income tax returns around the corner, we’re forced to temporarily think about taxes. The deadline, after all, is a sharp reminder of how much income tax we paid throughout the year.

While some gladly pay their share – thinking of the numerous government programs these tax dollars finance – others feel their income tax burden is too high. No matter where you fall in this debate, to truly gauge whether you’re getting value for your tax dollars, you must have a complete understanding of all the taxes you pay – in addition to income taxes.

Income taxes only the beginning

For that, you must look beyond your income tax returns because income taxes form only a portion of the total tax bill imposed on us by all levels of government (federal, provincial, and local). In 2011, a Canadian family with average income of $74,233 paid $9,137 in income taxes. Personal income taxes are the single largest tax Canadians pay, but they represent just about one-third of the total.

Two other significant taxes on our tax returns are contributions to the Canada Pension Plan (CPP) and Employment Insurance (EI). Additionally, residents of British Columbia, Ontario, and Quebec pay health care taxes either through direct premiums or payroll taxes. All together, the average Canadian family paid some $6,328 in CPP, EI, and health taxes in 2011. Payroll taxes are second only to income taxes as the single largest government levy.
Next up are sales taxes which many of us hate since they show up every time we make a purchase. Calculating the amount of sales taxes paid by Canadian families is difficult as it requires people to track all their purchases of taxable goods and services. Nonetheless, our estimates suggest the average Canadian family paid about $4,748 in sales taxes last year.

Property taxes are no more popular than sales taxes and add $3,520 to the average family’s tax bill. A common misconception is that only homeowners pay property taxes. But renters also pay these taxes since they are rolled into their monthly rent. In one form or another, we all pay property taxes.

We’re not done yet. There are a host of less visible taxes that Canadians pay but do not see. For instance, the average Canadian family paid approximately $3,133 in profit taxes in 2011. Taxes on liquor, tobacco, and amusement amounted to $1,735 for the average Canadian family, while automobile and gas taxes totalled about $775. Finally, average families paid $1,416 in other taxes that are not easily discernible (i.e., import duties).

Summed up, the average Canadian family faced a tax bill of $30,792 in 2011 against income of $74,233. That means 41.5 per cent of the family’s budget went to paying for government. For perspective, 33.6 per cent of the budget went to paying for food, clothing, and shelter combined. Indeed, families now pay more in taxes that they do for basic necessities.

[video=youtube;ZqK97av7I3s]http://www.youtube.com/watch?v=ZqK97av7I3s[/video]

this is why i want to barter. you cant tax an item if you trade.

silasraven said:

this is why i want to barter. you cant tax an item if you trade.

Click to expand...

Yes you can and the IRS does. You are legally required to pay taxes on that. I suppose I should technically pay income tax when I sell a sack too, but who is actually going to enforce either of those?

thank you....

Anyone ever seen the documentary called, zeitgeist. They have something saying that "legally...you don't have to pay income taxes"

[video=youtube;wkoedUz2FXg]http://www.youtube.com/watch?v=wkoedUz2FXg[/video]

Yeah because of this I am leaving the U.S and forfeiting by citizenship sick of them taking all my money! Put all my assets into my wife's name as she is British!

Let's hear from some Euro folks, Australia, Asia, South America?????????

There's always Monaco. No income tax. cn