Tax Misery and Tax Happiness: A Comparative Study of Selected Asian Countries

Abstract

This article examines the relative tax burden of selected Asian economies from a microeconomic perspective. It employs data from the Tax Misery Index and the Index of Economic Freedom to compare the tax burden of selected Asian economies to that of some European and North American economies. It then creates a hybrid index, which provides another, more representative look at relative tax burdens from an investor's perspective.