Canada: Tax Haven.

[Hugh Conway]

Belgium is quite the odd one - tops in taxation and liability!

[KaskadskyjKozak]

 

Now we need a plot of % of revenue spent on the military...

[archenemy]

What is also missing is the extent to which a government is unsustainably undertaxing; i.e. paying with debt rather than tax revenues. Such an analysis would move the U.S. into a less favorable position relative to other nations.

Only to other nations that use different from "fuzzy math" accounting.

[Hugh Conway]

Now we need a plot of % of revenue spent on the military...

 

https://www.cia.gov/library/publications/the-world-factbook/rankorder/2034rank.html

 

#173 - Iceland - 0% of GDP

[archenemy]

that's because it is really expensive to go to iceland. who could afford to invade them?

[KaskadskyjKozak]

that's because it is really expensive to go to iceland. who could afford to invade them?

 

who would invade the US?

[archenemy]

Wrong answer. The answer is Denmark. Like Greenland, they were pwd by Denmark.

 

And why didn't they have to spend money on their own defense after WWII?

 

Because Americans paid.

[KaskadskyjKozak]

Wrong answer. The answer is Denmark. Like Greenland, they were pwd by Denmark.

 

And why didn't they have to spend money on their own defense after WWII?

 

Because Americans paid.

 

Goddamned Danes!

 

[tvashtarkatena]

I heard on NPR this evening that the U.S. spends 600 billion a year, or as much as the next 25 countries combined, on it's war machine. The second place finisher was the UK, at 40 billion.

[tvashtarkatena]

BTW, at 5 years old, and with the rate our debt has ballooned and dollar collapsed during that period, all of JayB's graphs are woefully out of date and therefore of questionable value.

[JayB]

I assume you've factored the fact that all of our debt is denominated in......dollars into the above statement concerning exchange rates...

 

A rapid decline in the value of the dollar may well translate into higher borrowing costs at some point, but that's yet to manifest itself in treasury yields.

[tvashtarkatena]

I didn't factor in jack shit. I just blew some crap out on the internet with all the forethought of suddenly delivering a well aged fart.

Edited March 13, 2008 by tvashtarkatena

[glassgowkiss]

There is something wrong with that graph, I don't think they are including Provincial tax. Moving from WA to BC would result in about a 9% increase in income tax for someone with a median salary. The sales tax is also 14% compared to 9% down here. Not sure about property taxes.

 

wrong, 14% doesn't even offset B/O tax in WA. plus you don't have stupid city tax. plus their L&I insurance is much lower. even with 5% in sales tax difference at least they have roads you can drive on in winter. what we get in return is jack and shit. not to mention better health care.

[tomtom]

There is something wrong with that graph, I don't think they are including Provincial tax. Moving from WA to BC would result in about a 9% increase in income tax for someone with a median salary. The sales tax is also 14% compared to 9% down here. Not sure about property taxes.

 

wrong, 14% doesn't even offset B/O tax in WA. plus you don't have stupid city tax. plus their L&I insurance is much lower. even with 5% in sales tax difference at least they have roads you can drive on in winter. what we get in return is jack and shit. not to mention better health care.

 

So are you threatening to move to Canada?

[snoboy]

The sales tax is also 14% compared to 9% down here.

 

12% these days. 5% in Alberta.