Obama 2012?

Facebook status update from a friend -- I'm about to go look for it:

Quote:

In case anyone is unclear whether a) Ohio is a pressure cooker right now; and b) Mittens has more money than sense; there is a giant Romney blimp in the air over Columbus right now. In case that one voter who is still undecided happens to look up.

When people bother to at look at the US economy against all the other developed countries, we're still the strongest economy in the world. That's saying something!

Taxation in Denmark: Tax rates and tax limits 2010.

The following tax rates apply in 2010

Income Tax in Denmark 2010
Personal relief (over 18 yrs.)
DKK 42,900
Employment relief
4.25 %, maximum DKK 13,600
Average county and municipal tax
32.577 %
Bottom-bracket tax
3.76 %
Middle-bracket tax
0 %
Bottom limit for middle-bracket tax
DKK 272,600
Top-bracket tax
15.0 %
Bottom limit for top-bracket tax
DKK 389,900
Tax ceiling
51.5 %
Social Tax in Denmark
Labour market contribution
8.0 %
Special pension saving

0.0 %
Property Tax in Denmark
Graduated limit for property value tax
DKK 3,040,000
Property value tax (up to graduated limit)
1.0 %
Property value tax (above graduated limit)

3.0 %
Capital Gains Tax in Denmark
Share income below DKK 48,300
28.0%
Share income aove DKK 48,300
42.0 %

Inheritance Tax in Denmark
Upper limit for tax-free inheritance
DKK 264,100
Tax rate above limit

15.0 % / 36.25 %
Gift Tax in Denmark
Upper limit for tax-free gifts to close relatives
DKK 58,700
Upper limit for tax-free gifts to sons- and daughters-in-law
DKK 20,500
Tax rate above limits
15.0 % / 36.25 %

24/7 Wall St.:

For the second year in a row, 24/7 Wall St. examined the Organisation for Economic Co-operation and Development’s report on life satisfaction in the developed world. Economic prosperity, health and a strong social support network continue to correspond highly with happiness. Once again, the United States fails to make the top 10 happiest nations in the world, while countries like Australia, Israel and all of the Scandinavian nations do.

Financial years 2010-11, 2011-12[4]
Taxable income Tax on this income Effective tax rate
0 – $6,000 Nil 0%
$6,001 – $37,000 15c for each $1 over $6,000 0 – 12.6%
$37,001 – $80,000 $4,650 plus 30c for each $1 over $37,000 12.6 – 21.9%
$80,001 – $180,000 $17,550 plus 37c for each $1 over $80,000 21.9 – 30.3%
$180,001 and over $54,550 plus 45c for each $1 over $180,000 30.3 – less than 45%

Israel
Income Tax Rate 44%

In other words, it's not that our country is spending too much; it's that tax revenue is too low. We also have the biggest defense budget in the world; we are not the world's police; that's an international responsibility.

Agreed, it is an international responsibility, but the world keeps coming to us, instead of going somewhere else.