July 17, 2017

If Trump's tax plan goes through, America would rank 59th in country tax fairness

Guardian -Donald Trump’s tax reform plans would, if enacted, increase the gap between rich and poor Americans and see the US slip below Greece on a new global index of inequality.

According to the Commitment to Reducing Inequality index, developed by researchers at  Oxfam and Development Finance International, the US already distinguishes itself among wealthy countries by doing “very badly” at addressing inequality. Which countries are the most (and least) committed to reducing inequality? But it would fall a further six places from its ranking of 23rd overall if Trump’s tax reform effort is successful, with the US’s specific rating on tax policies plummeting 33 places from 26th to 59th – just below Peru, Chile and Sri Lanka.

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