Search This Blog

April 7, 2011

US Individual Income & Social Security Rates Compared with Other Countries

The percentage of income that the average worker pays for income taxes and social security taxes is set forth below for various countries:


  • Germany 41.3%
  • Austria 32.7%
  • Italy 29.3%
  • France 27.7%
  • United Kingdom 25.3%
  • Canada 22.6%
  • USA  22.4%
  • Japan 20.1%
The US does not look that bad and is far from the highest. These figures were put together by the Organization for Economic Cooperation and Development for the year 2009.

No comments: