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Kyle Pomerlau: US Hurt By Having Some of the Industrialized World's Highest Taxes

February 28, 2014

The Tax Foundation has recently released separate reports showing the United States has the sixth-highest effective capital gains tax and the highest effective corporate tax in the Organization for Economic Co-Operation and Development, which includes dozens of major economies and U.S. trade partners. These high taxes hurt U.S. workers and businesses and drive jobs and investment overseas, says Kyle Pomerlau, one of the study authors.