American Enterprise Institute Working Paper No. 160
40 Pages Posted: 8 Feb 2013
Date Written: December 3, 2009
In this paper, we provide a brief overview of U.S. tax policy in relation to other OECD countries and also in some cases, in relation to world averages. The U.S. tax code emerges in our analysis is exceptional in many regards. Most countries have gradually moved toward collecting a large share of their revenue from value added taxes. This movement has generally allowed countries to reduce income tax rates relative to the U.S. The U.S. tax code also redistributes income significantly more than most of its trading partners.
Keywords: international tax incidence, international tax rates, economic history, public finance
Suggested Citation: Suggested Citation
Hassett, Kevin A. and Mathur, Aparna, Taxes Around the World: A Brief History of World Tax Policy, 1981-2007 (December 3, 2009). American Enterprise Institute Working Paper No. 160. Available at SSRN: https://ssrn.com/abstract=2212987 or http://dx.doi.org/10.2139/ssrn.2212987