Monday, September 07, 2009
Corporate Taxes Are Being Cut
Unfortunately, it's in the Czech Republic, Sweden, Canada, and South KoreaT...
This is from an Investors Business Daily editorial:
"Four more developed nations have cut their corporate tax rates this year. Yet the U.S. sticks with second-highest corporate rate among OECD nations. This puts us at a competitive disadvantage.
Only Japan, at 39.54%, has a higher corporate rate than the U.S., which at 39.1% is a bit lower than last year but still far higher than the average (26.29%) of the 30 Organization for Economic Cooperation and Development nations."
