--- title: "1 Richest Countries Quotes By T.R. Reid" description: "1 Richest Countries quotes by T.R. Reid. Plus more from T.R. Reid and more Richest Countries sayings from other authors." image: "https://sms4smile.com/quotes/i/ac2/t-r-reid-18579_burden_relative-to-the-world-s-other-advance-de_2743396.jpg" --- > [Relative to the world's other advance democracies, Americans get off easy on tax day. Of the 35 richest countries, the U.S. ranks 32nd in total tax burden.](https://sms4smile.com/quotes/t-r-reid/relative-to-the-world-s-other-advance-democracies-americans-get-off/) [T.R. Reid](https://sms4smile.com/quotes/author/t-r-reid/) [Image](https://sms4smile.com/quotes/i/ac2/t-r-reid-18579_burden_relative-to-the-world-s-other-advance-de_2743396.jpg) ## More by T.R. Reid > [We have the most expensive compliance system in the world. The IRS brags that they spend 35 cents for every $100 they collect. They're…](https://sms4smile.com/quotes/t-r-reid/we-have-the-most-expensive-compliance-system-in-the-world-the-irs/) [T.R. Reid](https://sms4smile.com/quotes/author/t-r-reid/) > [President Trump repeatedly says that "America is the highest-taxed country in the world." This is an alternative fact. We pay less in taxes, and…](https://sms4smile.com/quotes/t-r-reid/president-trump-repeatedly-says-that-america-is-the-highest-taxed/) [T.R. Reid](https://sms4smile.com/quotes/author/t-r-reid/) > [The Value-Added Tax, a sales tax that applies at every level of business transactions, is an easy tax for governments to collect, and a…](https://sms4smile.com/quotes/t-r-reid/the-value-added-tax-a-sales-tax-that-applies-at-every-level-of/) [T.R. Reid](https://sms4smile.com/quotes/author/t-r-reid/) > [“When I was traveling the world on my quest, I asked the health ministry of each country how many citizens had declared bankruptcy in…](https://sms4smile.com/quotes/t-r-reid/when-i-was-traveling-the-world-on-my-quest-i-asked-the-health/) [T.R. Reid](https://sms4smile.com/quotes/author/t-r-reid/) > [When it comes to taxation, Americans are still banging out letters on a typewriter and dropping them in the mail box while everybody else…](https://sms4smile.com/quotes/t-r-reid/when-it-comes-to-taxation-americans-are-still-banging-out-letters-on/) [T.R. Reid](https://sms4smile.com/quotes/author/t-r-reid/) > [If you get rid of all these giveaways and loopholes and deductions and credits, then you can sharply lower the rates.](https://sms4smile.com/quotes/t-r-reid/if-you-get-rid-of-all-these-giveaways-and-loopholes-and-deductions/) [T.R. Reid](https://sms4smile.com/quotes/author/t-r-reid/) > [If you ask any economist, they'll tell you all the mortgage interest deduction does is raise the price of the house. So a couple…](https://sms4smile.com/quotes/t-r-reid/if-you-ask-any-economist-they-ll-tell-you-all-the-mortgage-interest/) [T.R. Reid](https://sms4smile.com/quotes/author/t-r-reid/) > [It turns out a VAT - a value-added tax - is a very easy tax to collect and a very hard tax to evade.…](https://sms4smile.com/quotes/t-r-reid/it-turns-out-a-vat-a-value-added-tax-is-a-very-easy-tax-to-collect/) [T.R. Reid](https://sms4smile.com/quotes/author/t-r-reid/) > [Corporations use all sorts of complex stratagems to move their profits overseas, and thus escape the U.S. income tax.](https://sms4smile.com/quotes/t-r-reid/corporations-use-all-sorts-of-complex-stratagems-to-move-their/) [T.R. Reid](https://sms4smile.com/quotes/author/t-r-reid/) > [The Value-Added Tax, a sales tax that applies at every level of business transactions, is an easy tax for governments to collect, and a…](https://sms4smile.com/quotes/t-r-reid/the-value-added-tax-a-sales-tax-that-applies-at-every-level-of-2/) [T.R. Reid](https://sms4smile.com/quotes/author/t-r-reid/) > [“But Nikki White was a citizen of the world’s richest country, the United States of America.”](https://sms4smile.com/quotes/t-r-reid/but-nikki-white-was-a-citizen-of-the-world-s-richest-country-the/) [T.R. Reid](https://sms4smile.com/quotes/author/t-r-reid/) > [Starting in the '80s or so, after the United States sharply cut its rates, other countries decided they better do it too, and here's…](https://sms4smile.com/quotes/t-r-reid/starting-in-the-80s-or-so-after-the-united-states-sharply-cut-its/) [T.R. Reid](https://sms4smile.com/quotes/author/t-r-reid/) > [If your employer pays your health insurance, that's not counted as income to you. And any economist would say that's your income, because they'd…](https://sms4smile.com/quotes/t-r-reid/if-your-employer-pays-your-health-insurance-that-s-not-counted-as/) [T.R. Reid](https://sms4smile.com/quotes/author/t-r-reid/) > [You also get a deduction in America for taking a night school course, growing sugarcane, moving to a new city for a job, replanting…](https://sms4smile.com/quotes/t-r-reid/you-also-get-a-deduction-in-america-for-taking-a-night-school-course/) [T.R. Reid](https://sms4smile.com/quotes/author/t-r-reid/) > [Professor Eric Zolt of UCLA, said to me, "The VAT is such a good idea, mark my words, within five years, the U.S. will…](https://sms4smile.com/quotes/t-r-reid/professor-eric-zolt-of-ucla-said-to-me-the-vat-is-such-a-good-idea/) [T.R. Reid](https://sms4smile.com/quotes/author/t-r-reid/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "ItemList", "@id": "https://sms4smile.com/quotes/about/richest-countries/t-r-reid/#itemlist", "name": "1 Richest Countries Quotes By T.R. Reid", "numberOfItems": 1, "itemListElement": [ { "@type": "ListItem", "position": 1, "item": { "@type": "Quotation", "text": "Relative to the world's other advance democracies, Americans get off easy on tax day. Of the 35 richest countries, the U.S. ranks 32nd in total tax burden.", "creator": { "@type": "Person", "name": "T.R. 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