On Monday, the Tax Foundation released their annual International Tax Competitiveness Index for 2022 which found the U.S. holding steady at 22nd among the 38 top economies in the world.
On Monday, the Tax Foundation released their annual International Tax Competitiveness Index for 2022 which found the U.S. holding steady at 22nd among the 38 top economies in the world.
No tax distribution table can present every nuance associated withestimated changes in the distribution of taxes. It is possible toinclude enough information so that the results are not presented ina biased or misleading manner (although there is little assurancethey will not be interpreted and reported in a biased andmisleading manner). Until distribution tables are abandoned orreformed, the best defenses against misleading tables are educationand full disclosure of information.