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Republican Convention: Live Coverage Of The Final Night
Trump says America is one of the highest-taxed nations in the world. That’s a bit better than his more frequent (and oft-debunked) statement that the U.S. is the single highest-taxed nation. But it still isn’t true. The exact rank depends on the definitions you use, but by most measures the U.S. is middle-of-the-road among developed nations when it comes to taxes.
This is a long speech in a convention that’s mostly had short ones. Based on the leaked transcript, we still have perhaps another 20 or 25 percent of it to go.
Wanting well-negotiated (and enforceable) trade deals makes sense and is something we arguably lack with China right now. But it’s very unclear why bilateral deals should be preferable to big multiparty deals. And NAFTA, of course, only involves three countries.
