Federal Budget in Pictures

U.S. Corporate Tax Rates Are the Highest in the Developed World

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The U.S. total corporate tax rate is at 39.1 percent, the highest corporate tax rate in the developed world. The high rate reduces investment in the U.S. and costs American workers jobs and higher wages.

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COMBINED CORPORATE TAX RATES

U.S. Corporate Tax Rates Are the Highest in the Developed World

Source: Organization for Economic Co-operation and Development (OECD).