Friday, May 3, 2019

Israel: Tax Paradise


I feel I am paying exorbitantly excessive taxes, but it appears that Israel is a veritable tax paradise. The graph above reflects the "tax wedge" extracted by the State from a typical employee. In Israel it is about 20% in comparison with 30% in the USA and 55% in Belgium. I always thought Norway, with its oil exports and reserves, imposes no personal taxes, but it seems that it squeezes twice as much as the State of Israel squeezes from poor us. 

1 comment:

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