As tax season gets underway in the United States, many Americans questioning their tax burden might find comfort in global comparisons. While paycheck deductions can seem substantial, the US tax system offers certain advantages compared to tax structures in other nations.
Yahoo Finance Senior Columnist Janna Herron analyzes how the American tax system compares globally, with particular focus on how the absence of a Value Added Tax (VAT) in the US affects overall tax burden for Americans.
Catch up on the three big changes to US tax policies that filers should be aware of, according to H&R Block Tax Institute head Andy Phillips
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This post was written by Angel Smith