Comment by SketchySeaBeast
3 years ago
> the USA has one of the highest rates of corporate tax in the world
That doesn't seem right. Apparently it ranks 81st?
[1] https://taxfoundation.org/publications/corporate-tax-rates-a...
3 years ago
> the USA has one of the highest rates of corporate tax in the world
That doesn't seem right. Apparently it ranks 81st?
[1] https://taxfoundation.org/publications/corporate-tax-rates-a...
My apologies, I was a little outdated. Unfortunately can't update the previous comment. What I said was true as of 2017, when the USA had a corporate tax rate of 39%, which ranked third highest in the world.
It was changed to 26.8% by the Trump tax cuts, which ranks 81st in the world. But that's still higher than 144 countries, including Switzerland, Finland, Sweden, Denmark, Norway, UK, and Spain (just to name a few).