U.S. Has Highest Corp Tax Rates
December 7th, 2005 by Chris KinnanA new study by our friends at The Tax Foundation illustrates how the United States has the highest overall corporate income tax rate (39.3 percent combined federal and state) among all countries in the Organization for Economic Cooperation and Development (OECD).
The bottom line: the U.S. corporate tax code is hurting our competitiveness in the global economy.
