Sunday, June 10, 2012

Is the US a High Tax or Low Tax Country?

Political cartoon that points out tax cuts for the rich have not produced any jobs.

You hear it every day from the regressive right, 'America is the highest taxed country in the world' or 'We must stop the all out assault on the job creators'. But what are the actual facts regarding American tax rates compared to the past and to other countries? The Center for American Progress rips into this regressive urban myth by putting out this compilation of 10 graphs that shines some light on the facts.

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