The Gross Federal Debt of the United States crossed $30.0 Trillion in February of this year. This mountain of debt is bound to grow as additional freebies are handed out by the Federal government including the recent student loan forgiveness program. For an average American anything more than a million is all numbers with lots …
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Healthcare spending in the US is the highest in the world. On a per capita basis the US spends more than any other OECD country as the below chart shows. In 2021, the US spent $12,318 per per person in healthcare spending. The second highest among OECD countries was Germany at $7,383 followed by Switzerland. …
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Below is a neat infographic on how mining helps us build a better world. From copper to nickel to rare earth metals to lithium it is impossible to underestimate the importance of these metals. Click to enlarge Source: The Ontario Mining Association
Taxes on dividends paid out to shareholders of a corporation is an important source of revenue for countries. Similar to taxes on personal income, capital gains, etc. the tax rate on dividend varies between countries. The following chart shows “the top personal dividend tax rate, taking account of all imputations, credits, or offsets” for European …
While researching on capital taxes around the world recently, I came across the below interesting graph that shows the sources of tax revenue in the US compared to the OECD countries. Tax revenues come in various categories such as Individual Taxes, Corporate Taxes, Property Taxes, etc. But they differ significantly in terms of reliance on …
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