Mar

29

2012

Data Point – Highest corporate tax rate in the world is the US

by Skip

A #1 honor that is does not bode well:

On Sunday, the United States gets a distinction no nation wants – the world’s highest corporate tax rate.  Japan, which currently has the highest rate in the world — a 39.8% rate on business income between national and local taxes — cuts its rate to 36.8% as of April 1. The U.S. rate stands at 39.2% when both federal and state rates are included.

Determined Weakness: Obama has no intention of lowering it to keep us competitive with the other countries that either have or will be dropping theirs.

(H/T: Greg Mankiw)

 

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by Skip Murphy

Co-founder of GraniteGrok, my concern is around Individual Liberty and Freedom (and how Government is taking that away from us). My fight, from a Conservative (with small "L" libertarian leanings) and evangelical Christian perspective, is with the Progressives that are forcing a collectivized and secular humanistic future upon us. As TEA Party activist, citizen journalist (and pundit!), my goal is to use the New Media to advance the radical notions of America's Founders back into our culture again.

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