Inflation is rising in the U.S. Last week we learned that inflation shot up to 4.2% in April, the highest since 2008. Inflation can be considered as the stealth tax since it sneaks up on people when most are not looking or paying attention – usually in small increments. Inflation also reduces the purchasing power …
Continue reading ‘Price Changes in the US – Jan, 1997 to Dec, 2017’ »
In the US, states and local governments collected $1,303 per capita in individual income taxes for fiscal year 2018 according to Tax Foundation. However tax collections vary widely between the states as shown in the chart below. The states with top per capita tax collections are: New York, the District of Columbia, Connecticut, Maryland, California and …
Continue reading ‘State and Local Individual Income Tax Collections Per Capita: Chart’ »
The Covid Pandemic re-arranged the world’s busiest airport rankings for the first time in decades. The Guangzhou Bai Yun International Airport in China was the world’s busiest aiport in terms of passenger traffic in 2020. The traditional winner, Atlanta’s Hartsfield-Jackson Atlanta International Airport was unseated from the top position for the first time in 20 years …
The Average Hourly Labor Costs Across the European Union is shown in the chart below. The highest hourly wage is in Denmark at €45.80. The lowest hourly wage is in Bulgaria at €6.50. The next two lowest hourly wage countries Hungary and Romania. As expected the hourly wage in East European countries are much lower than …
Continue reading ‘The Average Hourly Labor Costs Across the European Union: Chart’ »
The most and the least happy country in the world are shown in the graphic below. For four years in row, Finland was the most happy country followed by Denmark and Switzerland. Ukraine was the least happy country in Europe and Afghanistan was the least happy country in the world. Click to enlarge Source: RFE/RL …
Continue reading ‘The Most and Least Happy Countries in the World’ »