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USA: World's highest corporate taxes.

Discussion in 'Political Debate & Discussion' started by church mouse guy, Jul 19, 2013.

  1. church mouse guy

    church mouse guy Well-Known Member
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    One reason that the American economy is so terrible is high corporate taxes, the highest in the world. This means that corporations doing business overseas leave the profits there because to bring them home is to pay the high taxes. Secondly, corporations leave the USA in order to find lower taxes elsewhere. Others just form corporations elsewhere.

    Chief Justice John Marshall said the power to tax involves the power to destroy.

    The Wall Street Journal published an article about this today:

    http://finance.yahoo.com/news/america-goes-alone-high-corporate-225500309.html?l=1
     
  2. just-want-peace

    just-want-peace Well-Known Member
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    Is this not a liberal's dream; diminish America to the lowest possible denominator??
     
  3. Dennis324

    Dennis324 Member

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    Yep. Our corporate tax ought to be somewhere around 13%. We gotta give business a reason to invest here...a reason to operate in this country again.
     
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