Micronesia or United States: which taxes less?

Both tax systems side by side, headline rates and the gap between them.

Lighter: Micronesia, ahead by 0.4 FiScore point.

Tax Micronesia United States Gap
Corporate income tax headline rate 21% 21% Same rate
Personal income tax top bracket 15% to 38% 10% to 37% +1.0 points
VAT standard rate 5% 11.73% −6.7 points

Detailed schedules

Corporate income tax

Micronesia

n/a

United States

Federal tax 21%
State tax 0% to over 9% depending on the state n/a
See the Micronesia page See the United States page