Why Asia is more Libertarian on taxes than USA, Western Europe, and Australia
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| For your own good of course |
To help explain why, I've compared income tax rates between the regions very generally, as it represents the biggest expense for most people to their government. Second, I also account for total government tax revenues as a percentage of GDP, as it is a great indicator of the overall scope and size of government.
Income tax rates compared
With progressive income tax rates that quickly race up to
the range of 35-50 percent, Europe falls short on this criterion straight off the
blocks.




