Current European Tax Rates
United Kingdom Income Tax: 50% VAT: 17.5% TOTAL: 67.5%
France Income Tax: 40% VAT: 19.6% TOTAL: 59.6%
Greece Income Tax: 40% VAT: 25% TOTAL: 65%
Spain Income Tax: 45% VAT: 16% TOTAL: 61%
Portugal Income Tax: 42% VAT: 20% TOTAL: 62%
Sweden Income Tax: 55% VAT: 25% TOTAL: 80%
Norway Income Tax: 54.3% VAT: 25% TOTAL: 79.3%
Netherlands Income Tax: 52% VAT: 19% TOTAL: 71%
Denmark Income Tax: 58% VAT: 25% TOTAL: 83%
Finland Income Tax: 53% VAT: 22% TOTAL: 75%
If you’ve started to wonder what the real costs of socialism are going to be, once the full program in these United States hits your wallet, take a look at the table. All of these countries still have a 20% poverty rate!!!!!