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Intro

Tax and tax rates are notoriously complicated concepts. People understand the money to fix, maintain and upgrade a country's infrastructure comes from tax, but some countries will make you pay a lot if they think you earn enough! The highest rate generally listed? If you have an income of over $171,149 and live on the tiny Caribbean island of Aruba, then expect to lose 58.95%!

The Progressive Income Tax: A Tale of Three Brothers

"The Progressive Income Tax" is one of those economic terms that gets bandied about, but few actually know what it means or how it works. An example of just how confusing and complex tax rates are.

Dan the Info-man
Cameroon is listed as the highest for corporate tax: 38%.

Aruba.com

The Official Aruba Tourism Authority website includes accommodations, dining guides, activities, events and other travel information for the island of Aruba. See how far your tax dollars will take you!

A taxing history: The origin of U.S. income tax laws

Kenneth C. Davis, author of the popular "Don't Know Much" series of history books, joins "CBS This Morning: Saturday" to take a closer look at tax origins. Find out who to blame!

Dan the Info-man
There was a high rate of 91% in place in the US in 1960!
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