The Tax Foundation’s International Tax Competitiveness Index ranks the United States tax code 32nd out of 34 OECD countries. An obvious question to ask, then, is why the U.S. remains so wealthy, and so successful at...
- Tax Features March 1998
Tax Features March 1998
Since 1957, Tax Features has been the Tax Foundation’s official bimonthly policy review. Tax Features presents in-depth, semi-technical articles on topical issues in tax policy. Topics covered include: state business tax climates, state tax collections and rates, the effects of tax cuts on individuals and businesses, Tax Freedom Day and more. Tax Features is distributed to thousands of journalists, members of congressional tax writing committees, executive branch agencies, corporate tax managers, state tax officials, university libraries, tax-related nonprofits and academics.
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The Tax Foundation’s International Tax Competitiveness Index (ITCI) measures the degree to which the 34 OECD countries’ tax systems promote competitiveness through low tax burdens on business investment and neutrality...
- The United States has the third highest general top marginal corporate income tax rate in the world at 39.1 percent, exceeded only by Chad and the United Arab Emirates.
- The worldwide average top corporate...
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