North America > United States > Taxation

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Components of taxation > Corporate income tax	u6.7%		[20th of 28]
Components of taxation > Goods and service tax	17.6%		[30th of 30]
DEFINITION: Goods and service tax as a percentage of total tax collected by the country. Data is for 2002.
SOURCE: OECD Revenue Statistics
Components of taxation > Personal income tax	37.7%		[5th of 30]
DEFINITION: Personal Income tax as a percentage of total tax collected by the country. Data is for 2002.
SOURCE: OECD Revenue Statistics
Components of taxation > Property tax	10.1%		[3rd of 18]
DEFINITION: Property tax as a percentage of total tax collected by the country. Data is for 2000.
SOURCE: OECD Revenue Statistics
Components of taxation > Social security > Contribution by employer	13%		[15th of 27]
DEFINITION: Tax on employer's contribution of social security as a percentage of total tax collected by the country. Data is for 2002.
SOURCE: OECD Revenue Statistics
Contribution by middle 40%	28.4%		[13th of 14]
DEFINITION: Proportion of taxes paid by the broad income group - middle class 40% (Data is for mid-1990s). Taxes include all direct income taxes, including employee social security contributions. Income groups were built on the basis of final disposable adjusted income.
SOURCE: OECD Revenue Statistics
Contribution by poorest 30%	6.3%		[9th of 14]
DEFINITION: Proportion of taxes paid by the broad income group - poorest 30% (Data is for mid-1990s). Taxes include all direct income taxes, including employee social security contributions. Income groups were built on the basis of final disposable adjusted income.
SOURCE: Michael F. Forster, 'Trends and Driving Factors in Income Distribution and Poverty in the OECD Area', OECD Labour Market and Social Policy Occasional Paper 42
Contribution by richest 30%	65.3%		[3rd of 14]
DEFINITION: Proportion of taxes paid by the broad income group - richest 30% (Data is for mid-1990s). Taxes include all direct income taxes, including employee social security contributions. Income groups were built on the basis of final disposable adjusted income.
SOURCE: Michael F. Forster, 'Trends and Driving Factors in Income Distribution and Poverty in the OECD Area', OECD Labour Market and Social Policy Occasional Paper 42
Net taxes on products > current LCU	809400000000
DEFINITION: Net taxes on products (net indirect taxes) are the sum of product taxes less subsidies. Product taxes are those taxes payable by producers that relate to the production, sale, purchase or use of the goods and services. Subsidies are grants on the current account made by general government to private enterprises and unincorporated public enterprises. The grants may take the form of payments to ensure a guaranteed price or to enable maintenance of prices of goods and services below costs of production, and other forms of assistance to producers. Data are in current local currency.		View time series
SOURCE: Michael F. Forster, 'Trends and Driving Factors in Income Distribution and Poverty in the OECD Area', OECD Labour Market and Social Policy Occasional Paper 42
Net taxes on products > current US$	809,400,000,000 $		[1st of 159]
DEFINITION: Net taxes on products (net indirect taxes) are the sum of product taxes less subsidies. Product taxes are those taxes payable by producers that relate to the production, sale, purchase or use of the goods and services. Subsidies are grants on the current account made by general government to private enterprises and unincorporated public enterprises. The grants may take the form of payments to ensure a guaranteed price or to enable maintenance of prices of goods and services below costs of production, and other forms of assistance to producers. Data are in current U.S. dollars.		View time series
SOURCE: World Development Indicators database
Social contributions > % of revenue	37.36 %		[9th of 78]
DEFINITION: Social contributions include social security contributions by employees, employers, and self-employed individuals, and other contributions whose source cannot be determined. They also include actual or imputed contributions to social insurance schemes operated by governments.		View time series
SOURCE: World Development Indicators database
Social contributions > current LCU	855345000000
DEFINITION: Social contributions include social security contributions by employees, employers, and self-employed individuals, and other contributions whose source cannot be determined. They also include actual or imputed contributions to social insurance schemes operated by governments.		View time series
SOURCE: World Development Indicators database
Tax Freedom Day > % Burden	32.69 %		[11th of 13]
DEFINITION:
SOURCE: World Development Indicators database
Tax Freedom Day > Day of Year	120		[13th of 15]
DEFINITION:
SOURCE: Wikipedia: Tax Freedom Day
Taxes on goods and services > % value added of industry and services	0.67 %		[84th of 89]
DEFINITION: Taxes on goods and services include general sales and turnover or value added taxes, selective excises on goods, selective taxes on services, taxes on the use of goods or property, taxes on extraction and production of minerals, and profits of fiscal monopolies.		View time series
SOURCE: Wikipedia: Tax Freedom Day
Taxes on income, profits and capital gains > % of revenue	55.26 %		[2nd of 98]
DEFINITION: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.		View time series
SOURCE: World Development Indicators database
Taxes on income, profits and capital gains > % of total taxes	90.93 %		[1st of 98]
DEFINITION: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.		View time series
SOURCE: World Development Indicators database
Total tax wedge > Single worker	30%		[21st of 29]
DEFINITION: The percentage of gross earnings given up in tax, including any social security contributions. Calculated for a single worker without children, earning 100 % of the average wage. Data for 2001, and only for selected OECD countries.
SOURCE: World Development Indicators database
Total tax wedge > Single-income family	19.4%		[21st of 29]
DEFINITION: The percentage of gross earnings given up in tax, including any social security contributions. Calculated for a married couple with two children, earning 100% of the average wage. Data for 2001. Selected OECD countries only.
SOURCE: OECD
Total taxation as % of GDP	29.6 % of GDP		[17th of 18]
DEFINITION: Total taxation as % of GDP.
SOURCE: OECD

Interesting facts on American Taxation

• Tax makes up half of the of Gross Domestic Product in Denmark and Sweden. In Japan and the United States, it makes up less than 30%.

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