The US ranks 17th for corporate tax revenue, and 19th for tax revenue per capita. America is not among the top 30 highest-taxed countries in the world, according to the Organization for Economic Cooperation and Development. Most recent data ranks the US 31st of 34 industrialised nations for tax revenue as a percentage of GDP, well behind Denmark, the UK, Germany and Luxembourg. Trump’s speech as emailed to the press came with 282 footnotes that leaned heavily on conservative aggregators, opinion columns and cherry-picked statistics. Donald Trump promised “the plain facts that have been edited out of your nightly news and your morning newspaper” in his speech to the Republican convention on Thursday night.
Source: The Guardian July 22, 2016 17:46 UTC