Quote:
Originally Posted by Azure
Yes, because no other country in the world has made any effort to lower their overall corporate tax rate in an effort to remain competitive with the rest of the world.  |
In response to the U.S. downturn, no one's talking about corporate tax rates as the problem or solution and rightfully so. This is a problem of structural production shifts and slackened demand. Tax rates have nothing to do with it.
Infact, go look at aggressive tax cutting regimes like Ireland and tell me how they're doing?