The Tax Foundation’s International Competitiveness Index (ITCI) measures the degree to which the 34 OECD countries’ tax systems promote competitiveness through low tax burdens on business investment and neutrality through a well-structured tax code. There are more than 40 variables that are taken into account, including corporate taxes, consumption taxes, property taxes, individual income taxes, and international tax rules.
The United States ranks 32 out of 34 due largely to it having the highest corporate tax rate in the developed world and being only one of 6 remaining countries in the OECD with a worldwide tax system. The U.S. also scores poorly on property taxes due to its estate tax and poorly structured state and local property taxes. Check out the findings at http://taxfoundation.org/article/2014-international-tax-competitiveness-index?mc_cid=097db67ed9&mc_eid=52a48edfe9
L. William Fishman