Components of taxation Stats: compare key data on Iceland & United States

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Corporate income tax: Corporate Income tax as a percentage of total tax collected by the country. Data is for 2002.
Goods and service tax: Goods and service tax as a percentage of total tax collected by the country. Data is for 2002.
Personal income tax: Personal Income tax as a percentage of total tax collected by the country. Data is for 2002.
Social security > Contribution by employer: Tax on employer's contribution of social security as a percentage of total tax collected by the country. Data is for 2002.
Social security > Employees contribution: Tax on employee's contribution of social security as a percentage of total tax collected by the country. Data is for 2002.

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STAT	Iceland	United States
Corporate income tax	u3% Ranked 27th.	u6.7% Ranked 20th. 2 times more than Iceland
Goods and service tax	40.3% Ranked 4th. 2 times more than United States	17.6% Ranked 30th.
Personal income tax	38.6% Ranked 3rd. 2% more than United States	37.7% Ranked 5th.
Social security > Contribution by employer	7.9% Ranked 23th.	13% Ranked 15th. 65% more than Iceland
Social security > Employees contribution	0.3% Ranked 28th.	11.7% Ranked 10th. 39 times more than Iceland

SOURCES: OECD Revenue Statistics

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