{"id":2940,"date":"2008-08-12T12:57:55","date_gmt":"2008-08-12T16:57:55","guid":{"rendered":"https:\/\/www.orthodoxytoday.org\/blog\/?p=2940"},"modified":"2008-08-12T20:11:14","modified_gmt":"2008-08-13T00:11:14","slug":"us-states-lead-the-world-in-high-corporate-tax-rates","status":"publish","type":"post","link":"https:\/\/www.orthodoxytoday.org\/blog\/2008\/08\/us-states-lead-the-world-in-high-corporate-tax-rates\/","title":{"rendered":"US States Lead the World in High Corporate Tax Rates"},"content":{"rendered":"<p><a href=\"http:\/\/taxprof.typepad.com\/taxprof_blog\/2008\/03\/us-states-lead.html\">TaxProf Blog<\/a> | Paul L. Caron | Mar. 24, 2008<\/p>\n<p>The Tax Foundation has released U.S. States Lead the World in High Corporate Taxes:<br \/>\nMany states impose state corporate income taxes at rates above the national average of 6.6%. Iowa, for example, imposes the highest corporate tax rate of 12%, followed by Pennsylvania&#8217;s 9.99% rate and Minnesota&#8217;s 9.8% rate. <\/p>\n<p>When added to the federal rate, these states tax their businesses at rates far in excess of all other OECD countries. When compared to other OECD countries&#8230; <strong>24 U.S. states<\/strong> have a combined corporate tax <strong>rate higher<\/strong> than top-ranked Japan. <!--more--><\/p>\n<p>See below the fold for a table with the combined federal and state corporate tax rates for the fifty states and the thirty OECD countries:<\/p>\n<p><img decoding=\"async\" src=\"http:\/\/www.orthodoxnet.com\/archives\/2008\/images\/US_vs_OECD_Tax_Rates_01.gif\" style=\"margin: 1px 1px 1px 1px;\" border=\"0\"\/><\/p>\n<p><img decoding=\"async\" src=\"http:\/\/www.orthodoxnet.com\/archives\/2008\/images\/US_vs_OECD_Tax_Rates_02.gif\" style=\"margin: 1px 1px 1px 1px;\" border=\"0\"\/><\/p>\n<p>. . . <a href=\"http:\/\/taxprof.typepad.com\/taxprof_blog\/2008\/03\/us-states-lead.html\">more<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>TaxProf Blog | Paul L. Caron | Mar. 24, 2008 The Tax Foundation has released U.S. States Lead the World in High Corporate Taxes: Many states impose state corporate income taxes at rates above the national average of 6.6%. Iowa, for example, imposes the highest corporate tax rate of 12%, followed by Pennsylvania&#8217;s 9.99% rate &#8230; <a title=\"US States Lead the World in High Corporate Tax Rates\" class=\"read-more\" href=\"https:\/\/www.orthodoxytoday.org\/blog\/2008\/08\/us-states-lead-the-world-in-high-corporate-tax-rates\/\" aria-label=\"Read more about US States Lead the World in High Corporate Tax Rates\">Read more<\/a><\/p>\n","protected":false},"author":497,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"generate_page_header":"","footnotes":""},"categories":[87,83],"tags":[],"class_list":["post-2940","post","type-post","status-publish","format-standard","hentry","category-economics","category-taxation"],"_links":{"self":[{"href":"https:\/\/www.orthodoxytoday.org\/blog\/wp-json\/wp\/v2\/posts\/2940","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.orthodoxytoday.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.orthodoxytoday.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.orthodoxytoday.org\/blog\/wp-json\/wp\/v2\/users\/497"}],"replies":[{"embeddable":true,"href":"https:\/\/www.orthodoxytoday.org\/blog\/wp-json\/wp\/v2\/comments?post=2940"}],"version-history":[{"count":0,"href":"https:\/\/www.orthodoxytoday.org\/blog\/wp-json\/wp\/v2\/posts\/2940\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.orthodoxytoday.org\/blog\/wp-json\/wp\/v2\/media?parent=2940"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.orthodoxytoday.org\/blog\/wp-json\/wp\/v2\/categories?post=2940"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.orthodoxytoday.org\/blog\/wp-json\/wp\/v2\/tags?post=2940"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}