Trump: ‘When It Comes to Business Tax, We Are Now Dead Last Among Developed Nations’
TRUMP: "In fact, when it comes to business tax, we are now dead last among developed nations. We pay the highest tax of any nation in the world. Our rate is the least competitive rate there is. Our business tax rate is 60 percent higher than our average economic competitor. Think of that. And then you say, 'How do you compete?' Well, in many cases, you don't. Our companies leave. They go to other countries. It is a massive tax with every product made in America, giving countries like Germany, Canada, Japan, South Korea, China, and Mexico, not to mention so many others, a massive head start over American industry. It is time to go from dead last to pretty much the front of the pack."