ON-Lion Letter
A recent study by the Tax Foundation in Washington, D.C., shows that while the United States has left the major features of its business tax system unchanged over the past 15 years, virtually all developed nations have lowered their corporate tax rates, potentially hurting the America's competitiveness.

In Tax Foundation Fiscal Fact No. 143, "Comparing International Corporate Tax Rates:  U.S. Corporate Tax Rate Increasingly Out of Line by Various Measures," Tax Foundation vice president for economic policy Robert Carroll uses various methods to compare U.S. corporate tax rates with member nations of the Organisation for Economic Co-operation and Development (OECD) and the G-7 countries.

Carroll was Deputy Assistant Secretary for Tax Analysis in the Office of Tax Policy at the U.S. Department of Treasury.

"The U.S.'s combined federal-state statutory corporate tax rate (39.3%) is now well above the weighted average for both the member nations of the OECD (31.9%) and the larger G-7 countries (33.8%)," according to Carroll.  "Moreover, both groups of countries continue to lower their tax rates.  Since the early 1980s, the weighted average corporate tax rate has fallen by 38 percent for OECD nations and 37 percent for the G-7 countries, not counting the U.S."

The Lynde and Harry Bradley Foundation in Milwaukee supports the Tax Foundation.
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