Folks like to point out that the USA has an unusually high corporate tax rate (35 percent). But they don’t mention:
(1) Some say our corporate taxes paid as a percentage of GDP are about average. See http://www.oecd.org/dataoecd/48/27/41498733.pdf (Table B); that’s thanks to loopholes — or call them special rules. Bruce Bartlett says ours are the lowest among developed countries. http://economix.blogs.nytimes.com/2011/05/31/are-taxes-in-the-u-s-high-or-low/
(2) We don’t have a VAT. All other developed countries do.
The Center for New Revenue 