Part 1 - AL-Tax

Table 11.1 Tax misery for selected countries, 2005Rank Country Corp. Indiv. Wealth tax Employer soc. Employee soc. VAT Miseryinc. tax inc. tax sec. tax sec. tax 20051 France 34.4 59 1.8 45 15 19.6 174.82 China 33 45 0 44.5 20.5 17 160.03 Belgium 34 53.5 0 34.5 13.1 21 156.14 Sweden 28 56 1.5 32.5 7 25 150.05 Italy 37.3 43 0.7 35 10 20 146.06 Austria 25 50 0 31.2 18.2 20 144.47 Poland 19 50 0 20.0 27.0 22 138.08 Spain 35 45 2.5 30.6 6.4 16 135.59 Argentina 35 35 0 27 17 21 135.010 Greece 32 40 0 28.1 16 18 134.114 Netherlands 31.5 52 0 17.6 7.1 19 127.215 Brazil 34 27.5 0 28.8 11 25 126.316 Hungary 16 38 0 33.5 12.5 25 125.017 Czech Republic 26 32 0 35 12.5 19 124.518 Japan 39.5 50 0 14.9 13.9 5 123.321 Turkey 30 36.8 0 19.5 14 18 118.323 USA (New York City) 46 47 0 7.7 7.7 8.4 116.724 Romania 16 16 0 46.75 17 19 114.826 UK 30 40 0 12.8 11 17.5 111.328 Luxembourg 30.4 39 0.5 11.5 11.8 15 108.131 Switzerland (Zurich) 33 40 1 12.6 12.6 7.6 106.733 Germany 19 42 0 13 13 16 103.034 South Korea 29.7 39.6 0 14 7.5 10 100.8271(Continued)