On the lack of association between taxes, GDP and happiness
During a February 6, 2016 debate, U.S. presidential aspirant Donald Trump claimed that: “Right now we’re the highest taxed country in the world.”
Well, living in a country with much higher tax rates, I can tell you that his statement is patently false.^[Maybe he’s referring to the corporate tax rate which is quite high; but even that is irrelevant to the fact that all sorts of deductions and exclusions on the U.S. corporate tax return put the U.S. effective tax rate much lower than that of most counties.]