One of the great misperceptions about federal tax policy is that the United States is a low-tax country. Every left leaning Washington think tank and most of the media promote this notion, and use it to push for higher taxes on the American people.
This low-tax claim is at best misleading, if not outright deceptive. In reality, the U.S. is a high-tax country, with average U.S. tax rates on individuals, corporations, and investors higher than the average tax rates in the rest of the developed world.