Lakhota
Diamond Member
It’s actually in the middle or bottom tier of global tax rates, depending on how you measure.
Donald Trump likes to say the United States is the “highest taxed nation in the world.”
He said it Wednesday while attacking Hillary Clinton. He said it in May. He said it February. He said it last August. But it is not true at all.
When it comes to its tax rates, the U.S. ranks 17th, 19th or 31st among the world’s 33 developed nations depending on what metric you use, as Politifact has doggedly notedeach time Trump has wheeled out this lie.
Politifact also looked at numbers from the World Bank, which “placed the United States near the bottom in tax revenue as a percentage of GDP.” Another report from the World Bank and PricewaterhouseCoopers includes things like property and business profits, and it determined the U.S. ranked 64th out of 189 countries in total tax rate.
There’s just no way to slice the numbers to make Trump’s statement anything less than totally untrue. The simple fact is that the U.S. tax rate is near the middle or bottom compared to other countries.
Trump Keeps Calling The U.S. The ‘Highest Taxed Nation.’ It’s Not Even Close.
Why does Trump lie about everything? Do his supporters believe all his lies - or do they just not care?
Donald Trump likes to say the United States is the “highest taxed nation in the world.”
He said it Wednesday while attacking Hillary Clinton. He said it in May. He said it February. He said it last August. But it is not true at all.
When it comes to its tax rates, the U.S. ranks 17th, 19th or 31st among the world’s 33 developed nations depending on what metric you use, as Politifact has doggedly notedeach time Trump has wheeled out this lie.
Politifact also looked at numbers from the World Bank, which “placed the United States near the bottom in tax revenue as a percentage of GDP.” Another report from the World Bank and PricewaterhouseCoopers includes things like property and business profits, and it determined the U.S. ranked 64th out of 189 countries in total tax rate.
There’s just no way to slice the numbers to make Trump’s statement anything less than totally untrue. The simple fact is that the U.S. tax rate is near the middle or bottom compared to other countries.
Trump Keeps Calling The U.S. The ‘Highest Taxed Nation.’ It’s Not Even Close.
Why does Trump lie about everything? Do his supporters believe all his lies - or do they just not care?