Tuesday, May 31, 2005

You Think Your Taxes Are High?

What's really shocking is that the U.S. isn't too far behind Europe in terms of top marginal tax-rates. From Kudlow's Money Politics:

In France the top combined marginal tax-rate is 55.7 percent, kicking in at a dollar comparable $87k. In Germany the top rate is 47.5 percent, kicking in at $57k. In the U.S. it is 41.6 percent, kicking in at $327k.

Read the whole post here about the sorry state of France's and Germany's economy.

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