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2 of 4 The Forbes Tax Misery Index Jack Anderson 03.20.08, 5:00 PM ET Forbes Magazine dated April 07, 2008 2008 Tax Misery & Reform Index The
misery score is the sum of the taxes shown in the colored bars, at the
highest marginal percentage in each locale. It is our best proxy for
evaluating whether policy attracts or repels capital and talent. The
countries at the top of the chart impose the harshest taxes while those
at the bottom are the most tax friendly. The Reform column reflects a
reduction in misery (a negative number highlighted in red) or an
increase in misery since we began tracking. In most of the world local
governments are usually funded from property taxes, which aren't part
of the Misery Index. 
Reader Comments Posted by MoneyMom | 04/16/08 12:43 PM EDT I
think the real flaw with this story is that it doesn't take into
consideration what citizens of more "miserable" countries are getting
for their tax dollars: free healthcare, subsidized child care [More]  Posted by fiscal_conservative | 04/13/08 10:56 PM EDT I
believe there is an error in the text accompanying the "Tax Burden
& Spending" chart, or the chart itself. The text states that the
chart "...includes as well overall government spending at all [More] Posted by fiscal_conservative | 04/13/08 09:57 PM EDT The
index is somewhat flawed, in that it doesn't take "deferred taxes" into
account. The US is rapidly forcing itself into a corner with it's
reckless "borrow and spend" government's policies. O [More] Read All Comments (5)  Have a question? Ask our community of experts here.More On This Topic
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