Worldwide Average Corporate Tax Down to 25%, but Still 40% in U.S.

Investors Business Daily:  “The average tax rate assessed to corporations worldwide has fallen 10 years in a row, but the U.S. isn’t driving the trend.  Policymakers in the most advanced economy continue to punish their constituents.   Washington refuses to cut the corporate tax rate.  It has languished for more than a decade at roughly 40%, when state and local corporate taxes are figured in.”