Is US highest taxed country as Trump claims?
On Tuesday  President Donald Trump once again claimed that the US is the "highest taxed" nation in the world.
 Trump 's claim  which  he  repeatedly made along the campaign trail  is misleading.
 Trump  is right that the US's 35% statutory corporate tax rate  or what the government has on the books as the business tax rate  is the highest among the 35 major developed economies that are part of the Organization for Economic Cooperation and Development.  Trump 's plan to cut  it  to 15% would tie the US for the fourth lowest.
But  the most comprehensive measure by which to judge Trump's claim   combining corporate and individual taxes paid  is tax burden as a percentage of gross domestic product.  It  compares how much money in a country is put toward taxes with the economic output of the country.
By  this measure   the US has the fourth-lowest tax burden of any OECD country  with only South Korea  Chile  and Mexico ranking lower.
On Tuesday   [TGT]  once again claimed that the US is the "highest taxed" nation in the world.
  [TGT]  's claim  which   [TGT]   repeatedly made along the campaign trail  is misleading.
  [TGT] is right that the US's 35% statutory corporate tax rate  or what the government has on the books as the business tax rate  is the highest among the 35 major developed economies that are part of the Organization for Economic Cooperation and Development.   [TGT]  's plan to cut  it  to 15% would tie the US for the fourth lowest.
But  the most comprehensive measure by which to judge Trump's claim   combining corporate and individual taxes paid  is tax burden as a percentage of gross domestic product.  It  compares how much money in a country is put toward taxes with the economic output of the country.
By  this measure   the US has the fourth-lowest tax burden of any OECD country  with only South Korea  Chile  and Mexico ranking lower.