, Columnist
Taxes Are Low in the U.S., But Other Stuff Is Expensive
Higher education and health care are glaring examples.
That's not how this works, guys.
Photographer: Saul Loeb/AFP/Getty ImagesThe Organization for Economic Cooperation and Development's annual compendium of revenue statistics is out,1511749809928 and the U.S. again ranks quite low in overall tax revenue as a percentage of gross domestic product.
The OECD is the club of the world's developed nations, and the U.S. has the fifth-lowest tax burden among its 35 members. In other words, this is nowhere near "the highest-taxed nation in the world," as President Donald Trump has said again and again over the past year-plus.1511748521048