World Cup & Tax Rates

With all the tension of the world cup this weekend – a little tax humor might help.

Since I know nothing about soccer but a lot about taxes, I thought it’d be interesting to see what relationship that each country’s tax rate would have to their advancement toward the finals.

I’m happy to report that none of the countries with the highest rates (above the 50th percentile) are playing for the championship. In fact, since my soccer knowledge is limited I simply placed bets against the countries with the highest tax rates and have done pretty well. 

In case you want to apply this strategy to other international sports betting, here are the rates for each country.