Note to Corporate America: Stop Whining

Michael Linden has made me feel guilty for highlighting the only one of CAP’s tax charts that I disliked, rather than the nine I thought were fine. So here’s one of the good ones. Keep this in mind the next time you hear some hack from the Heritage Foundation whining that we have the highest corporate tax rate in the world. It’s a glib debating point, but in reality the effective tax rate on American corporations is one of the lowest in the world. The full set of charts is here.

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