Of all developed countries, America self-invests the least because of tax cuts for the 1 percent
As tax day (April 18) approaches, it’s interesting to consider the lie that America is “overtaxed.”
The average developed country reinvests 34 percent of its gross domestic product back into the country and its people.
As of 2014, America only invests 26 percent, which puts it ahead of Korea, Chile, Mexico, and exactly zero other developed countries.
What does this do?
