Your feedback is important to us!
We invite all our readers to share with us their views and comments about this article.
Disclaimer: Comments submitted by third parties on this site are the sole responsibility of the individual(s) whose content is submitted. The Daily Star accepts no responsibility for the content of comment(s), including, without limitation, any error, omission or inaccuracy therein. Please note that your email address will NOT appear on the site.
Alert: If you are facing problems with posting comments, please note that you must verify your email with Disqus prior to posting a comment. follow this link to make sure your account meets the requirements. (http://bit.ly/vDisqus)
Donald Trump has done America a great public service.The right says that taxes are too high for everyone.The simplest comprehensive way to judge a country's tax burden is to look at its tax revenue from all levels of government as a percentage of GDP. The U.S. has the fourth-lowest burden in the industrialized world, ranking 31st out of 34 countries in the Organization for Economic Cooperation and Development. Summarizing the academic research for the Washington Post, Dylan Matthews noted: "The United States has by far the most progressive income, payroll, wealth and property taxes of any developed country".The problem with American taxes is something different: their complexity. The United States has the world's longest tax code. For the U.S., Nos. 1 and 2 are tax rates and tax regulations.Even though America is generally more competitive than other rich countries, its taxation is much more complicated and inefficient. The complexity of the tax code exists by design, because it allows for the distinctive feature of the American political system: fundraising.
Trump can still get a win on foreign policy
End of world’s most successful party
Trump’s trade war strategy not working
FOLLOW THIS ARTICLE