’ve complained over and over again that America’s tax code is a nightmare that undermines competitiveness and retards growth.Our aggregate fiscal burden may not be as high as it is for many of our foreign competitors, but high tax rates and poor design mean the system is very punitive on a per-dollar-raised basis.For more information, the Tax Foundation has put together an excellent report measuring international tax competitiveness.Here’s the methodology. The Tax Foundation’s International Tax Competitiveness Index (ITCI) measures the degree to which the 34 OECD countries’ tax systems promote competitiveness through low tax burdens on business investment and neutrality through...
