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Countries With The Lowest Income Taxes

Thursday, Aug 27, 2020, 11:28 am



#7 United States


The USA's economy might be in a state of chaos, but it still has one of the world's largest with over $14 trillion GDP. The USA's total tax loadis about26.9%. Though employees might disagree, US workershave the highest income per hour in a free market economic system. In addition to having low income taxes, the US also offers great programs for senior citizens, some of which include social security, Medicare and Medicaid. Unlike a lot of foreign countries, the US does not have any national sales tax.

United States-Countries With The Lowest Income Taxes
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