Saturday, February 27, 2010

Taxes 1

I was speaking to a German expatriate friend who was bemoaning high Indian income taxes. At 33% I reckoned that those were pretty low compared to Anglo Saxon countries. This surprised me, since the editorial writers of the Angles and Saxons (though barbarians is too kind a description of those with the WSJ) are forever telling us how continental Europeans are very highly taxed compared with those of us blessed by the English language.

It turns out that having kids is a tax break in Germany, but anyway the effective income tax rate is about 30% and a bit.

I checked with people in my French office; it is the same there.

Perhaps the Angles and Saxons should check their facts before they bray.

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