The U.S. ranks 18 on a map compiled by Newsweek with data showing the best and worst Organization for Economic cooperation and Development countries for taxes.
Estonia was first, Latvia second and New Zealand came third, according to overall rankings based on the Tax Foundation's 2024 International Tax Competitiveness Index.
Why It Matters
The findings come amid growing debate over the burden of taxes globally and within the U.S, where economic experts and local officials are warning of inflation-related bracket creep and rising property taxes.
The Organization for Economic cooperation and Development (OECD) is an intergovernmental organization that promotes policies to improve economic and social well-being across its member countries
What To Know
Estonia was ranked the highest, s