Tax Misery Rankings

The Forbes Tax Misery Index raises lots of interesting thoughts about tax competitiveness for both individuals and businesses. The 2004 index finds that tax misery is the highest in these countries worldwide:

1. France
2. Belguim
3. Sweden
4. China
5. Italy
6. Austria
7. Norway
8. Greece
9. Spain
10. Argentina

The U.S. is actually way down on the list. NY state is 21st on the list.

Although "Old Europe" continues to impose many of the heaviest loads on top producers, the Forbes Global Tax Misery & Reform Index shows many of those same nations to be making some of the biggest strides toward tax reduction.

More here.