newfie
Well-Known Member
Trump calls America 'the highest taxed nation in the world'
What an idiot.....
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sigh this is one of those issues where you kind of actually have to pay attention to the issue. He has always talked about the corporate tax rate .His point has been that corporations are moving out of this country because of it and moving their money with them rather then investing in the US. who's the idiot now?
Corporate Income Tax Rates around the World, 2016 - Tax Foundation
The United States has the third highest general top marginal corporate income tax rate in the world, at 38.92 percent. Due to the recent reduction in Chad’s corporate tax rate, the U.S. rate is exceeded only by the United Arab Emirates and Puerto Rico.