{"id":26491,"date":"2024-12-20T09:06:31","date_gmt":"2024-12-20T14:06:31","guid":{"rendered":"http:\/\/cfif.org\/v\/freedom_line_blog\/?p=26491"},"modified":"2024-12-20T09:17:25","modified_gmt":"2024-12-20T14:17:25","slug":"image-of-the-day-u-s-corporate-tax-rate-remains-too-high","status":"publish","type":"post","link":"https:\/\/cfif.org\/v\/freedom_line_blog\/26491\/image-of-the-day-u-s-corporate-tax-rate-remains-too-high\/","title":{"rendered":"Image of the Day:  U.S. Corporate Tax Rate Remains Too High"},"content":{"rendered":"<p>As 2025 approaches, a critical debate over extending the 2017 Trump tax cuts that finally ended America&#8217;s inglorious status as the developed world&#8217;s <a href=\"https:\/\/cfif.org\/v\/freedom_line_blog\/24506\/image-of-the-day-u-s-trails-on-corporate-tax-reform\/\">highest corporate tax rate<\/a> looms.\u00a0 Important in that debate is something that many people may find surprising:\u00a0 America&#8217;s corporate tax rate remains too high.\u00a0 As our friends at the <a href=\"https:\/\/taxfoundation.org\/\">Tax Foundation<\/a> highlight, at <a href=\"https:\/\/taxfoundation.org\/location\/united-states\/\">25.8%<\/a>, it stands above the worldwide average of <a href=\"https:\/\/taxfoundation.org\/data\/all\/global\/corporate-tax-rates-by-country-2024\/\">23.51%<\/a>.\u00a0 Something to keep in mind when opponents of tax reform and greater global competitiveness attempt to mischaracterize our current rate as somehow too low.<\/p>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"\" src=\"https:\/\/datawrapper.dwcdn.net\/1fPwd\/full.png\" alt=\"U.S. 25.8% Corporate Tax Rate Remains Too High\" width=\"508\" height=\"522\" \/> U.S. 25.8% Corporate Tax Rate Remains Too High<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As 2025 approaches, a critical debate over extending the 2017 Trump tax cuts that finally ended America&#8217;s inglorious status as the developed world&#8217;s highest corporate tax rate looms.\u00a0 Important in that debate is something that many people may find surprising:\u00a0 America&#8217;s corporate tax rate remains too high.\u00a0 As our friends at the Tax Foundation highlight, [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[5279,5238,5033,1816,71,5278],"class_list":["post-26491","post","type-post","status-publish","format-standard","hentry","category-posts","tag-2017-tax-cuts","tag-bidenomics","tag-corporate-taxes","tag-tax-cuts","tag-taxes","tag-trump-tax-cuts"],"_links":{"self":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/26491","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/comments?post=26491"}],"version-history":[{"count":6,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/26491\/revisions"}],"predecessor-version":[{"id":26498,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/26491\/revisions\/26498"}],"wp:attachment":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/media?parent=26491"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/categories?post=26491"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/tags?post=26491"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}