You've got to do the whole thing. And Performance Built Log Splitter for everything somebody doesn't like in the change, Log Splitter's something else they do. And you can pass it, and that's how the U.S. could do it. GROSS: You quote something that Donald Trump said before he became president which is that the U.S. is the highest taxed country in the world. Is that true? REID: That's an alternative fact, Terry.
As a matter of fact, if you take the standard measure of tax burden - it's called overall tax burden - the United States is one of the lowest taxed of all the rich countries in the world. Overall tax burden - the International Monetary Fund computes Log Splitter -
you take all the federal, state and local taxes paid in the whole country, add them all up and take them as a percentage of GDP of overall wealth, by that measure of the 35 richest countries, the U.S. ranks 32nd. We pay much lower taxes. We pay lower gas taxes, tobacco taxes, income taxes, Social Security taxes, sales taxes than people in other countries.
GROSS: And we don't have a value-added tax. REID: We don't have a VAT. If we did, our sales tax would presumably be higher. No, we're a low-tax and a low-effort - they describe it as low effort. If you don't collect much of the wealth in your country and tax, that's called low effort.
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