President Trump returned Tuesday to his oft-repeated talking point that the United States is the most heavily taxed nation on Earth. He’s wrong.
According to pool reports, Trump made the false claim in the Oval Office during a meeting with former Secretary of State Henry Kissinger.
“I will say that we’re the highest-taxed nation in the world. People want to see massive tax cuts,” Trump said.
Trey Yingst, chief White House correspondent for One America News, a conservative cable news channel, confronted White House press secretary Sarah Sanders about the claim, which Trump has made before, during the press briefing later Tuesday afternoon.
“Why does the president keep saying it? It’s not true overall,” Yingst asked.
“We are the highest-taxed — corporate tax — in the developed economy. That’s a fact,” Sanders responded.
But Yingst was not satisfied with Sanders answer.
“That’s not what the president said,” he said.
“That’s what he’s talking about,” Sanders replied. “We’re the highest corporate-taxed country in the developed economies across the globe.”
“Sarah, that’s accurate but the president keeps repeating this claim that we’re the highest-taxed nation…” Yingst said.
Looking visibly annoyed, Sanders said, “We are the highest-taxed corporate nation.”
“But that’s not what he said. He said we’re the highest-taxed nation in the world,” Yingst said.
“The highest-taxed corporate nation. That seems pretty consistent to me. Sorry, we’re just going to have to agree to disagree,” Sanders said, before moving on to the next question.
The Congressional Budget Office, the federal agency that provides budget and tax information to Congress, reports that the U.S. has the top statutory corporate tax rate (39.1 percent) of the G20-member countries.
However, the United States’ average corporate tax rate — “the total amount…