The nonpartisan Tax Foundation in Washington D.C. has announced the winners of its CompeteUSA YouTube Contest. Contestants produced videos about America's high business tax rates and their impact on our country’s wages and ability to compete.
The Tax Foundations reports that data shows, “America has the second-highest corporate income tax rate in the industrialized world, and the American worker shoulders a disproportionate amount of the corporate tax. As a result of America standing still while nine key trading partners cut their corporate tax rates last year, our corporate tax rate is now 50% higher than the OECD (Organisation for Economic Co-operation and Development) average.”
Third prize in the contest went to Lori Harfenist of Brooklyn, New York for her video, "Taxes, Schmaxes."
Second prize was awarded to Craig Kirchoff of Alexandria, Virginia for his video called, “Sally, the Corporate Income Tax and You."
First prize went to Andrew Patterson of Edmond, Oklahoma for his video, "Tax Attack."
