Posted on 07/09/2010 10:26:29 AM PDT by Chi-townChief
Did a long time ago. Why should he announce it? Seems to be working for him.
Our corporate income tax is 35%- since Japan just lowered theirs, ours is the highest on the planet. I have an issue with unions, but the regulatory and tax code for corporations makes it extremely difficult to be competitive, even with higher end product.
If the corporate tax was 20 or 25%, and regulations that made sense were enforced, and the crap tossed out, I suspect we’d see a great deal of manufacturing investment.
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