File this under the category: Daily Trump Tweet lies. In between tweets about passing his dirty DACA ball to Congress and seeming excitement over the coming “largest ever recorded” hurricane disaster in the Atlantic, Trump managed to blatantly lie again about the tax rate in America being the highest in the world. Even as said hurricane bears down on Florida set to possibly wreak havoc on Trump’s own properties.
Trump is a man who obstinately refuses to release his tax returns (though Mueller probably has them now) and who likely avoided paying taxes for decades “derived from the financial wreckage he left behind in the early 1990s.” He’s really the last person who should be making claims that America is the “highest taxed nation in the world,” but there he is doing it…
As writer and talk show host, Bishop Talbert Swan put it:
“You don’t pay taxes, why are you concerned?! We still haven’t seen your tax returns!”
The creator of the US House of Cards show, Beau Willimon chimed in:
“We are not the highest taxed nation in the world. Not even close. This is the sort of false hyperbole Trump uses to brainwash his base.”
Donald’s obviously fact-free tweet:
“Will be going to North Dakota today to discuss tax reform and tax cuts. We are the highest taxed nation in the world – that will change,” tweeted Trump.
Here is Trump’s tweet with handwriting enhanced by the “Make Trump Tweets Eight Again” Chrome extension:
Trump went to the Andeavor (formerly Tesoro) refinery in Mandan, North Dakota to make his speech calling for cutting taxes. Who would have guessed? His location in a state he won by 36 points may give him some confidence, as he is set to push for lowering the corporate tax rate from 35 to 15 percent.
CNN Anchor Jake Tapper soon had a factual rebuttal for Trump:
Tax revenue as percentage of GDP — 🇺🇸 ranked #31
Corporate tax revenue as percentage of GDP — 🇺🇸 #17
Tax revenue per capita — 🇺🇸 #19
Billy Baldwin, the brother of Alec, famed SNL Trump impersonator, weighed in as well with figures from PolitiFact:
“You are a liar…Your base that continues to support you… fools.”
Pulitzer Prize-winning fact-checking website PolitiFact soon joined Billy on Twitter. They’ve seen this story before, as it turns out. (At least three other times actually.)
Trump mansplained to Meet the Press host Chuck Todd last year that “We’re the highest taxed nation in the world. Our businesses pay more taxes than any businesses in the world. That’s why companies are leaving,” said Trump. He was defending his tax plan last September, in which he argued for a “massive tax cut to businesses.”
“Data from 2014, the most recent year available, shows that the United States wasn’t the most highly taxed by the typical metrics and actually places near the bottom or around the middle of the pack.”
Trump confused the corporate tax rate statutorily with taxes in general. However, because corporations can take deductions and exclusions on their taxes, the marginal corporate tax rates are far from the highest in the world. This is something apparently lost on Trump, who himself avoided paying taxes in pretty much the same way. It also shows that he is more concerned with your companies’ tax rate than yours.
Even an Oxford University researcher, Max Roser commented with a handy map:
“or just look at the facts and work on an actual problem instead:”
Trump’s dream of slashing corporate tax rates may come true, but as with many things, he’s basing his excuse to do so on lies. Meanwhile, it’s the middle and lower-class Americans who really need the breaks.