A reminder to all you Bernie Bros out there who think that the U.S. federal/state/local tax system is stacked far more in favor of the rich than in the social democracies in Europe. This graphic based on data from the Organization of Economic Cooperation and Development (OECD), which, incidentally, is not funded by the Koch Brothers, shows that the U.S. relies much more upon individual income taxes and property taxes (thus taxing income and assets) than other nations with advanced economies. Other countries rely more heavily on regressive social insurance taxes and consumption taxes. The Europeans have figured out that they can crank up the income taxes only so high on the wealthy before they pack up and move. Instead they tax consumption.
About
Bacon's Rebellion is Virginia's leading politically non-aligned portal for news, opinions and analysis about state, regional and local public policy. Read more about us here.Fund the Rebellion
Shake up the status quo!
Your contributions will be used to pay for faster download speeds and grow readership. Make a one-time donation by credit card or contribute a small sum monthly.
Can't wait until tomorrow for your Bacon's Rebellion fix?
Search Bacon’s Rebellion
Content Categories
Archives
The Jefferson Council: Protecting Thomas Jefferson’s Legacy at the University of Virginia
Want More Unfiltered News?
Check out the Bacon’s Rebellion News Feed, linking to raw and unexpurgated news and commentary from Virginia blogs, governments, trade associations, and advocacy groups.
Submit op-eds
We welcome a broad spectrum of views. If you would like to submit an op-ed for publication in Bacon’s Rebellion, contact editor/publisher Jim Bacon at jabacon[at]baconsrebellion.com (substituting “@” for “at”).
Forgot Your Password?
Shoot me an email and I'll generate a new password for you.-
Recent Posts
- Max: Youngkin Right To Veto Minimum Wage
- Time for a Fairfax County Salary Freeze
- VMI Eschews Standards of Excellence, Devalues Diploma
- UVA As a “Maze of Predatory Systems”
- In Their Own Words: Jefferson, Whiteness, and Dicks in the Sky
- Call the Governor a Spoiled Brat? That’ll Work!
- Factoid of the Day: Nation’s Worst Mail Delivery
- The Letter
- The Cost of Not Voting
- Jeanine’s Memes
- VCU Wins Free Speech “Green Light” Rating
- Bacon Meme of the Week
- Climate Change Wars Coming to Virginia Schools?
- The Use and Misuse of a UVA Lecture Series
- Wind Project Sued Over Claimed Threat to Whales