President Trump's 2017 tax cuts made the US among the lowest taxed major economies in the world. Here are six other low-tax countries.
The US tax burden slid to among the lowest for major global economies in 2018. It now sits above just Ireland, Chile, and Mexico, according to a report from an intergovernmental organization released Thursday. It fell to 24.3% of gross domestic product, the result of President Trump's 2017 tax cuts that slashed corporate rates. Data from the OECD showed US tax burdens has steadily shrunk since 2000 when the tax-to-GDP ratio stood at 28.3% in the last year of Bill Clinton's presidency.
The US tax burden slid to among the lowest for major global economies in 2018. It now sits above just Ireland, Chile, and Mexico, according to a report from an intergovernmental organization released Thursday. It fell to 24.3% of gross domestic product, the result of President Trump's 2017 tax cuts that slashed corporate rates. Data from the OECD showed US tax burdens has steadily shrunk since 2000 when the tax-to-GDP ratio stood at 28.3% in the last year of Bill Clinton's presidency.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Strong U.S. jobs data supports dollar as market looks to U.S.-China trade dealThe dollar held firm on Monday after data showed surprise strength in the U.S. j...
Leer más »
US suspects Iran is behind increasingly sophisticated rocket attacks on US bases in IraqThe US government believes that Iran is behind a series of increasingly sophisticated rocket attacks on joint US-Iraq military facilities in Iraq, several US officials tell CNN. The attacks have taken place as the US has grown increasingly concerned that Iran may be planning new provocations against US troops and interests in the region.
Leer más »
U.S. defense secretary can't label U.S. base attack 'terrorism' at this pointU.S. Defense Secretary Mark Esper said on Saturday that he was not prepared at t...
Leer más »
U.S. defense secretary can't label U.S. base attack 'terrorism' at this pointU.S. Defense Secretary Mark Esper said on Saturday that he was not prepared at t...
Leer más »
What Jac Jossa and Dan Osborne's body language told us after I'm A Celeb finalEXCLUSIVE: Body language expert Judi James gives her assessment of the couple everyone are talking about right now following the series' climax on Sunday night
Leer más »
Governor of China's Xinjiang says U.S. bill violates international lawA recent U.S. measure on Xinjiang is a severe violation of international law and...
Leer más »