You can tell that President Trump is getting serious about tax reform, because he has started lying about it. Trump on the stump insists that the United States is the highest-taxed nation in the world. That is . . . not exactly true, or close to true, or within the realm of things that might be true if you squint a bit and turn your head sideways. It is, in fact, false. The United States is actually on the lower end among economically advanced countries when it comes to tax rates. We pay an average of around 26 percent of GDP in taxes, while our European friends pay about 10 points more — and some of them, including the tax-happy Nordics, pay about twice that ...
Comments
Post a Comment