SPDR S&P 500 (SPY)

[learningboutinv]

Gleno, I was thinking the same thing after I saw this article from CarribeanJim.

It almost makes me want to move from Seattle up to B.C. At least you get more services from the taxes that you pay. The chart appears to be just Fed/Income Tax and doesn't include state, local, and all the other taxes such as gas and sin taxes such as alcohol and cigarettes (good thing I don't drink much or smoke). WA has the highest sin taxes and people say it's unfair here cause it affects poor people more than affluent people which is very regressive in thinking. (I say if you can't afford food on the table or clothes for you kids should you really be killing yourself with booze and smokes and popping out 10 kids?)

Link to: "The best and worst states for taxes"
http://articles.moneycentral.msn.com/Taxes/Advice/TheBestAndWorstStatesForTaxes.aspx?page=2

Link to CJ's Post:
http://investorshub.advfn.com/boards/read_msg.asp?message_id=27836840


Tax Burden Worldwide

PAYING TAXES is, for most people, both unavoidable and irksome. But how much hard-earned pay is taken by governments varies considerably across the world. Among the rich countries of the OECD, Germans shell out the most, with a worker earning an average income giving 43% of their gross pay to the state, with nearly half of that going towards social security. Workers in Poland hand over nearly 25% of their wages to social security; whereas Australians pay nothing at all directly. Mexicans and South Koreans enjoy the lightest taxation by some way.