TAXTAXTAXTAXTAXTAXTAXTAXTAX

Before my computer crashed last year, I was planning on talking about the new 10% sales tax in my next post.  Unfortunately, my computer was down for three months, and now it’s “old news”.  Oh well, better late than never right?

Image result for sales tax

On October 1st, the Japanese sales (consumption) tax, went up from 8% to 10%.  I was wondering how this compares to other countries.  Here are  a few to compare.  For a complete list, look here.

The highest is, Bhutan, 50%!!!

The lowest is, Oman and the USA, 0%!!! (see below).

These countries are all the same as Japan, at 10%:

Afghanistan
Australia
Cambodia
Comoros
Djibouti
Haiti
Indonesia
Japan
Laos
Malaysia
Mongolia
Papua New Guinea
Paraguay
Solomon Islands
Somalia
South Korea
Suriname
Vietnam

Here are some of the highest countries, at 24-27%:

Hungary
Croatia
Denmark
Norway
Sweden
Finland
Greece
Iceland

While the USA doesn’t have a national sales tax, there is a state sales tax that differs from state to state.  Click here to see a complete list.

Alaska is 0%. (but there are some local taxes).

California is the highest at 7.25%.

My home state, Utah is 4.85%, confusing!!

What do you think of the new tax?  More on this next week.

Today’s BGM, 

Taxman
The Beatles
One, two, three, four, one, two
Let me tell you how it will be
There’s one for you, nineteen for me
‘Cause I’m the taxman, yeah, I’m the taxman
Should five per cent appear too small
Be thankful I don’t take it all
‘Cause I’m the taxman, yeah, I’m the taxman
If you drive a car, I’ll tax the street
If you try to sit, I’ll tax your seat
If you get too cold, I’ll tax the heat
If you take a walk, I’ll tax your feet
‘Cause I’m the taxman, yeah, I’m the taxman
Don’t ask me what I want it for
(Ah ah, Mr. Wilson)
If you don’t want to pay some more
(Ah ah, Mr. Heath)
‘Cause I’m the taxman, yeah, I’m the taxman
Now my advice for those who die (taxman!)
Declare the pennies on your eyes (taxman!)
‘Cause I’m the taxman, yeah, I’m the taxman
And you’re working for no one but me (taxman!)