Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
US states at most collect sales taxes at a rate about 1/2 of EU VAT.

Small point about this comparison. We pay about as much tax to the State and local government entities as to the Federal Govt.  Sales tax (5%) is not the largest State tax. In Virginia we also pay a tax on income, a large estate tax, a tax on other personal property, and various other lesser taxes.  The States also have their independent budgets and fiscal plans. I think, as an aside, that California is/was the world's fifth largest economy or some such. It's budget and government structure reflected that fact.

I can swear there ain't no heaven but I pray there ain't no hell. _ Blood Sweat & Tears

by Gringo (stargazing camel at aoldotcom) on Sat Mar 21st, 2009 at 03:18:38 PM EST
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