OECD Tax Burden Hits a Record 34.1% of GDP While the US Stays at 25.6%, and Pillar Two Carves Out US Companies
Taxes across the OECD reached their highest level on record in 2024. The average tax-to-GDP ratio rose 0.3 percentage points to 34.1%, according to the OECD’s Revenue Statistics 2025, published in December. It went up in 22 of 36 countries with data, fell in …