What is the Highest Taxed Country?
Answer:
Denmark is the county with the highest income tax. The top rate of tax is 68%, with the basic rate starting at 42%. The tax code in Denmark is very complicated, with income taxes, work taxes, sales taxes, taxes on "luxury items" and various taxes that businesses must pay as a percentage of their salaries. In return for these high taxes, the Danes receive a wide range of governmental benefits, including free health care, free higher education and an extensive social services.
Denmark is the county with the highest income tax. The top rate of tax is 68%, with the basic rate starting at 42%. The tax code in Denmark is very complicated, with income taxes, work taxes, sales taxes, taxes on "luxury items" and various taxes that businesses must pay as a percentage of their salaries. In return for these high taxes, the Danes receive a wide range of governmental benefits, including free health care, free higher education and an extensive social services.
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