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US corporate tax rates are the highest among developed countries, however. Capital gains are also taxed higher in the U.S. than most other OECD countries. Per
by blisterpeanuts 11y ago
US corporate tax rates are the highest among developed countries, however. Capital gains are also taxed higher in the U.S. than most other OECD countries.
Perhaps it all balances out between lower personal and higher corporate; I don't know. But there are so many other factors involved--debt, military activity, outsourcing trends, health and fitness, weather--that one can't realistically call out taxation as a major cause of macroeconomic trends.