Warren Dew Wrote:Did you read your link before you posted it? It shows that the U.S. has a higher top income tax rate, even excluding self-employment tax, than any of Germany, the UK, or France, the big three in western Europe, which are all at 45%.That link presents kind of a bogus comparison, but it comes from Heritage, so that figures
Note they report the state tax rate as 13.2%. This is for one state. A population-weighted average of the 50 rates shows the average state income paid by Americans (we are comparing nations here) is 5.8%. (The median of the 50 state rates is 5.9, and a straight unweighted average is 5.7%, so you can get this same sort of value a number of different ways). Thus, a top bracket American pays an average income tax of 45.4% which puts our income taxes are about the same level as the China and the European big three.