Taxes Here and Abroad
While lunching with a Brasilian colleague, he mentioned that buying an imported car was expensive in Brasil because of an 80 to 100% import tax (can you say “protectionism”?). He then mentioned that the price of domestic cars is also high because 60% of the price is taxes.
Kinda puts that whole “free healthcare” thing into perspective, doesn’t it?
But before you start to feel too smug about our tax rates, read The Conservative Zone’s post, “And you thought you were done paying taxes“.
Technorati Tags: Taxes,
Economy,
Socialized Medicine.
