The U.S. has surprisingly low taxes compared to
other developed nations, according to new data from the Organisation for
Economic Co-operation and Development.
The Organisation for Economic Co-operation and Development (OECD) is an international
economic organisation of 34 countries, founded in 1961 to stimulate
economic progress and world trade.
It is a forum of countries describing
themselves as committed to democracy and the market economy, providing a platform to compare policy experiences,
seeking answers to common problems, identify good practices and coordinate
domestic and international policies of its members.
Total tax revenue as % of GDP of these 34 countries: