Local Taxes and Spending around the world.

[Ail]

Kasz216 said:

Hey, I'm intersted in how Local taxes and spending works in other countries.

I have a theory that the US government is even more inefficent then we think... when you consider government spending as a percentage of GDP, all the US numbers count is Federal government, it doesn't include state or local.

So my question is... how do local spending and taxes work in other countries and how high are local taxes and spending?


For example.... if you live in a certain city and a certain county, and a certain state, you also have to pay taxes to each of those levels of government.  Is this the case in different europeon countries too?  Or does it all just go straight to the federal level and is divvied up later?

If it does happen elsewhere too, about how much is the taxation?

 

no local taxes in France.

But VAT ranging from 5.5% up to 19.6% (most items fall under the 19.6% rate).

Add CSG/RDS which is tax on all revenue, 8% on income, 12.3% on capital gains.

Then add standard income taxes ( highest rate is 40% for people making over 70k euros).

Overall when you factor everything tax rate is around 44% of GDP...

 

Germany which can arguably be considered one of the developed economies in the best shapes taxes at around 39% of GDP...