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No, The U.S. Isn’t ‘Undertaxed’

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No, The U.S. Isn't 'Undertaxed'

Investor’s Business Daily/

Taxes: One of the talking points Democrats and the left often drag out to justify reversing the Trump tax cuts is that the U.S. is “undertaxed” compared with other nations. A new study shows that’s false.

Everyone from House Minority Leader Nancy Pelosi to Senate Democratic Leader Chuck Schumer to socialist independent Bernie Sanders says they would reverse the tax cuts. It’s premised not on the idea that we spend too much, but that working Americans keep just too dang much of their own money.

The problem is, as a new OECD study shows,that’s not true.

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