The top personal income tax rate (also levied on capital gains), the sales tax rate, the corporate tax rate, and the gas tax are all at or near the highest of any state.

12. The principal forms of taxation are income tax, land tax and withholding tax, which is payable by non residents on incomes accruing in or deriving from the Territory, at a current rate of 25 per cent.

Rate Current Track 1

Rate Current Track 2

Rate Current Track 3

Rate Current Track 4

Rate Current Track 5

One of the most efficient tax raising methods is the US payroll tax, for which the marginal tax rate is close to the average rate (because deductions are absent and there is little graduation in the rate structure).

Current rate for 50 years

Budgetary growth (at current rate)

Tax revenue can be raised without increasing marginal tax rates by limiting the tax subsidies that are built into the current tax code.

Reagan s tax policies reduced the top income tax rate from 70 in 1980 to 28 in 1986.

There are many arguments for raising Japan s consumption tax rate.

The income tax rate was decreased to 21 by January 2008.

But there are not enough tax breaks for the rich to cover another 20 reduction in their income tax rate.

In January 2005, the personal income tax rate was reduced to 24 .

The current system underpins Spain s soaring unemployment rate.

The current success rate is 80 per cent

According to the official exchange rate, the exemption tax exceeds US 3 million.

But, given that the top US marginal income tax rate is 35 , he certainly is a tax avoider on a grand scale.

A lower corporate tax rate would weaken this justification. Moreover, pension funds, retirement plans, and non profit organizations, which receive about 50 of all corporate dividends, do not pay tax on these earnings, and would benefit from a lower corporate tax rate.

An economy s current account is the difference between its investment rate and its savings rate.

Sarkozy s proposed cure is to boost growth by reducing the tax burden on employers, while simultaneously hiking the rate of value added tax.

A global externality can best be dealt with by a globally agreed tax rate.

Right now, Warren Buffett pays a lower tax rate than his secretary. Do we want to keep these tax cuts for the wealthiest Americans?

Medical exposures One year of practice at the current rate

But, in a world of mobile capital, raising the corporate tax rate or simply leaving it at its current level would be a bad way to generate revenue, a bad way to increase the tax system s progressivity, and a bad way to help American workers.

The corporate tax rate is a flat 18 , one of the lowest in the world.

As defined in the proposed legislation, the tax rate is 23 for the first year.

Japan s government has a huge debt burden, and its consumption tax rate is far lower than the value added tax rates that prevail in Europe.

Moreover, a high corporate tax rate is an ineffective and costly tool for producing revenues, owing to innovative financial transactions and legal tax avoidance mechanisms.

And, while raising so much revenue with so low a tax rate sounds grand, the declining volume of trades would shrink the tax base precipitously.

Instead of cutting proven tax incentives for business investment, the US should offset at least some of the revenue losses from a lower corporate tax rate by raising tax rates on corporate shareholders.

On current trends, the fourth quarter s growth rate will turn negative.

BERKELEY The United States now has the highest statutory corporate income tax rate among developed countries.

Indeed, cutting these items to pay for a reduction in the corporate tax rate could end up increasing the tax on corporate economic activity in the US.

His budget would also increase taxes on corporations, and would end the current payroll tax holiday, imposing an additional 2 tax on all wage earners.

Georgia s 12 flat rate income tax probably the lowest in the world has boosted the national budget.

The tax rate that achieves optimum, or highest government revenues is somewhere in between these two values.

The current rate of increase is about 100 new staff per month.

And at the current exchange rate, that would be 1 US dollar.

Given the current expected inflation rate of 2 , the real rate on ten year bonds is still less than 1 .

The first conclusion of the report was that global environmental taxes and the Tobin tax on currency transactions could yield substantial revenues at a very low tax rate.

To see why, consider the tax rate necessary to pay for social benefits, which equals the replacement rate (the average level of benefits relative to taxpayer incomes) multiplied by the dependency ratio (the share of the population receiving the benefits). The higher the replacement rate and or dependency ratio, the higher the tax rate needed to pay for the benefits.

That said, if the goal of corporate tax reform is to boost investment and job creation, broadening the tax base to pay for a lower rate could be counterproductive.