From Barry Ritholtz (@ritholtz) comes this chart from KPMG showing effective tax rates around the world.
It’s a bit of a wake-up call for those moaning about how the United States is grossly over-taxed.
(Of course, importantly, the chart appears to include only federal taxes, not state and local taxes, sales taxes, etc. A more meaningful comparison would include all of those.)
Photo: KPMG, Barry Ritholtz