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Are tax rates higher in the US or Western Europe?

Updated: 8/21/2019
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8y ago

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Western Europe has the highest tax rate of the two. The 5 largest tax rates will be found in Western Europe, at about 50%. The US actually has one of the 5 lowest tax rates in the world, at about 27%.

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12y ago
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9y ago

The tax rates in Western Europe are significantly higher than in the US. Tax rates in some European nations are over 50 percent.

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11y ago

Western Europe

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12y ago

Western Europe

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8y ago

Western Europe.

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Q: Are tax rates higher in the US or Western Europe?
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Related questions

Are the tax rates in the US or Western Europe?

Western Europe.


Who has higher taxes America or Europe?

Some countries in Europe have higher tax rates than the US, some have lower.


Why are corporate tax rates higher than individual tax rates?

Corporate tax rates tend to be lower than individual tax rates.


Individual income tax rates are usually this of tax the higher the income the higher the tax rate?

Progressive


Indinvidual income tax rates are usually this type of tax the higher the income the higher the tax rate?

i think its Progressive(Kaylop)


What type of tax brings a higher tax rates the income rises?

progressive


Are the taxes higher in the United States or in Weston Europe?

There are many different types of tax. Some are higher in Europe and some are lower.


What are income tax rates?

Tax rates are the percentages used to calculate the amounts that you will need to pay to the government to which you owe taxes.With the United States federal taxes, there are several rates that require you to calculate your taxes. The rates in the U.S. are made in a progressive fashion, which means the more income you have, the higher tax rates you will have to pay.


Corporate tax rate?

The corporate tax structure is progressive; the more that a corporation makes, the higher the tax bracket. Tax rates start at 15% and top out at 35%.


What is progressive tax based on?

Progressive tax is a tax that take an increase in tax rate as income rise. it include higher tax rates for higher earning peoples. it based on Income of the respected person. Defination: Progressive Tax is A levy which collects more from those who better able to pay.


How are the tax rates affected by the state you live in?

The cost of living and many other factors are considered when states issue tax regulations. For instance if a state is higher income then other states you may be required to pay a higher tax.


Why do most wealthy nations have much higher tax rates then the US does?

They supply more government-financed services.