With all the GOP bluster about US taxes at "job-killing" rates, a logical listener would surmise that US tax rates must be very high as compared to other top economies globally. The Economist magazine just posted an analysis of Effective Tax Rates (after deductions) for many top economy countries. Would you guess, given the GOP rhetoric, that the US would be near the top? You'd be wrong, we are near the bottom.
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| Effective (after deduction) Tax Rates top global economies, The Economist May 2011 |
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