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 News As History - October 7, 2008

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Subject: The Economic Consequences of Being Left Behind
CJH    5/26/2008 4:31:01 PM
FairTax.Org

"http://afft.convio.net/site/News2?page=NewsArticle&id=9791&news_iv_ctrl=1561"

"A U.S. Business Tax System that is Out of Line Internationally"


"The U.S. now has the second-highest statutory corporate tax rate among developed nations, exceeded only by Japan (see Figure 2). Moreover, the distance between the U.S. corporate tax rate and the lower corporate tax rates abroad is growing, further disadvantaging the United States as a place to invest. In just the past two months, at least six countries have announced plans to cut their corporate tax rates: Canada, Hong Kong, Korea, South Africa, Spain and Taiwan."
 
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