newtothegame
03-17-2012, 12:32 AM
Starting Next Month, the U.S. Will Have the Highest Corporate Tax Rate in the World
Posted on March 16, 2012 at 4:00pm
Here are a few snipets I found interesting from the story....
"As Japanese politicians found themselves staring down an increasingly burdensome deficit and an aging population, they came up with an idea: Cut the corporate profits tax to boost economic activity and generate higher revenues."
"Japan is the latest country to act on the reality that high corporate taxes create “economic distortions.”
"Still, for reasons unknown, the last two decades have seen nothing but inaction on the part of U.S. politicians even as the rest of the world has cut its corporate tax rates."
http://www.theblaze.com/stories/starting-next-month-the-u-s-will-have-the-highest-corporate-tax-rate-in-the-world/
Posted on March 16, 2012 at 4:00pm
Here are a few snipets I found interesting from the story....
"As Japanese politicians found themselves staring down an increasingly burdensome deficit and an aging population, they came up with an idea: Cut the corporate profits tax to boost economic activity and generate higher revenues."
"Japan is the latest country to act on the reality that high corporate taxes create “economic distortions.”
"Still, for reasons unknown, the last two decades have seen nothing but inaction on the part of U.S. politicians even as the rest of the world has cut its corporate tax rates."
http://www.theblaze.com/stories/starting-next-month-the-u-s-will-have-the-highest-corporate-tax-rate-in-the-world/