Difference between revisions of "Corporate tax"
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| − | "The [[United States]] has the highest corporate [[tax]] rate in the world at 35 percent, which puts U.S. companies at a competitive disadvantage with other countries that have lower rates (e.g. [[Canada]] at 15 percent, [[Ireland]] at 12 percent, [[Bulgaria]] at 10 percent and so on). As a result, U.S. companies are forced to move some of their operations into other countries in order to remain competitive." <ref>[http://www.washingtontimes.com/news/2012/aug/27/democrats-hypocrisy-with-the-rich/#ixzz26sd5UxcT "Democrats' hypocrisy with the rich," ''Washington Times'' 27 August, 2012.]</ref> | + | "The [[United States]] has the highest corporate [[tax]] rate in the world at 35 percent, which puts U.S. companies at a competitive disadvantage with other countries that have lower rates (e.g. [[Canada]] at 15 percent, [[Ireland]] at 12 percent, [[Bulgaria]] at 10 percent and so on). As a result, U.S. companies are forced to move some of their operations into other countries in order to remain competitive." <ref>[http://www.washingtontimes.com/news/2012/aug/27/democrats-hypocrisy-with-the-rich/#ixzz26sd5UxcT "Democrats' hypocrisy with the rich," editorial by Richard W. Rahn (a senior fellow at the Cato Institute and chairman of the Institute for Global Economic Growth) in the ''Washington Times'' 27 August, 2012.]</ref> |
==Notes== | ==Notes== | ||
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Revision as of 08:52, September 19, 2012
"The United States has the highest corporate tax rate in the world at 35 percent, which puts U.S. companies at a competitive disadvantage with other countries that have lower rates (e.g. Canada at 15 percent, Ireland at 12 percent, Bulgaria at 10 percent and so on). As a result, U.S. companies are forced to move some of their operations into other countries in order to remain competitive." [1]