Quote:
Originally Posted by Traps
Isn't the question this?
Even though business analysts might see a cut in corporate taxes as a means of drawing investment (good for the economy) the average Joe will see it as being screwed by the corporates.
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Blame outsourcing on US corporate tax rates.
Some facts from The Tax Foundation:
- 24 U.S. states have a combined corporate tax rate higher than top-ranked Japan.
- 32 states have a combined corporate tax rate higher than third-ranked Germany.
- 46 states have a combined corporate tax rate higher than fourth-ranked Canada.
- All 50 states have a combined corporate tax rate higher than fifth-ranked France.
The Tax Foundation - U.S. States Lead the World in High Corporate Taxes