jump to navigation

U. S. falling behind in reduction of Corp. Tax rate 18 April, 2007

Posted by stoptaxing in Economic Policy, federal.
trackback

Poland is out striping the former Germany in economic growth.  Ireland is finally becoming the emerald city–or should I say the silicon city of Europe.  France and Spain are in the doldrums.  Why are these countries emerging?  Could tax policy have something to do with it?  Germany lost its case against Poland and Ireland for “tax dumping”.  Apparently even in the socialist delusions of the EU, they could not swallow this crazy notion that a country having pro-growth policies is unfair to the high tax countries.  

What is the tax policy that is giving such shock waves?  Poland and Ireland virtually eliminated their corporate income tax and have a low vat or national sales tax.  This is forcing down the corporate tax rate in Europe to under 30% compared to 40% in the U. S. 

This is yet another call for bold tax reform like the Fair Tax.  We need to kill the burden that our complex tax code places on business.  The compliance cost is estimated to be in the hundreds of billions.  We will never have the economic security we desire if we create such a disadvantage for our entrepreneurs.  We can not build a sound economy based upon the economics of envy and the politics of plunder.

Advertisements

Comments»

1. John - 8 January, 2011

Great blog, bookmarked for later use.

2. Przepisy BHP - 28 September, 2011

Thank you, I have just been looking for information about this subject for ages and yours is the greatest I’ve discovered so far. But, what about the conclusion? Are you sure about the source?

3. tennis racquet bag reviews - 5 January, 2012

Wonderful beat ! I would like to apprentice while you amend your site, how could i subscribe for a blog website? The account helped me a acceptable deal. I had been a little bit acquainted of this your broadcast offered bright clear idea

4. midwest tennis coupon may 2011 - 5 January, 2012

I think this is among the most important info for me. And i’m glad reading your article. But wanna remark on few general things, The site style is great, the articles is really excellent : D. Good job, cheers

5. Boris Arnesen - 21 January, 2012

Good day. I really want to position a quick commentary and in addition let you understand that I’ve been focusing in your explicit running a blog site for quite some time.

6. http://yahoo.com - 11 February, 2013

This excellent posting, “U. S. falling behind in reduction of
Corp. Tax rate Stop overTaxing Our People” illustrates the fact that u really know what precisely u are speaking about!
I personally entirely approve. Thanks -Constance


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: