Average corporate income tax rates in Europe & surrounding countries
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Reddit user: Priamosish
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Reddit user: Priamosish
Republican myth that American corporate tax is highest in the world busted wide open in one graph.
I don’t know what graph you’re looking at. The US federal corporate tax rate is 35%, with state taxes bringing the average up to 38%. The only countries above 30% in the map above are France, Belgium, Italy, Malta, and Morocco. If you bother to look it up you’d see the rates are France (33.33%), Belgium (33.99%), Italy (24% – So this graph isn’t even accurate), Malta (35%), and Morocco (31%). Your comment is literally the opposite of reality and a perfect example of how fake news gets spread through ignorance of the truth.