Source Â http://www.usdebtclock.orgÂ
Recent news articles have brought to light the fact that almost 47% of households in the US currently have zero or negative federal tax liability. We take a closer look at this lack of liability across each income level, highlighting the percentage in each range that will not pay any taxes. Also shown is a full breakdown of who is paying the bulk of all taxes collected by the Federal Government each year.
Source : http://www.mint.com
The tax structure is made up of 25 percent social security, 25 percent personal income, 19 percent general consumption, 11 percent specific consumption, 11 percent corporate income, 6 percent property, 3 percent other and 1 percent payroll.
Taxes on Corporate Incomes as a Percentage of GDP
The tax income from corporations represents almost 4 percent of the GDP of Canada. The tax income from corporations represents more than 3 percent of the GDP of the United States. In Australia, the tax income from corporations represents almost 7 percent of Australias GDP. The tax income from corporations represents almost 5 percent of the GDP of Japan. The tax income from corporations represents almost 4 percent of the GDP of South Korea. The corporate tax income represents almost 6 percent of the GDP of New Zealand.
Source : http://www.visualeconomics.com